68th Street Elementary School Los Angeles CA 1950-1953, Horace Mann Middle School Los Angeles CA 1954-1956, Chadwick School Palos Verdes Peninsula CA 1982-1984
settlement proposal with Wall Street investors led by JPMorgan Chase & Co includes the lenders agreeing to forgive about $1 billion in debt, the county refinancing about $2 billion, and the a series of sewer rate increases. The commission approved it 4-1, with George Bowman casting the dissenting vote.
Date: Sep 16, 2011
Category: Business
Source: Google
Alabama county gives more time for debt deal talks
Two elements of the deal came under particular fire. Commissioners Sandra Little Brown and George Bowman said the proposed rate rises were unacceptably high and disputed the terms of a fund to be set up to help low-income residents pay.