Oops! N.Y.'s Suffolk County accidentally defaults on debt

[riky]

Oops! N.Y.'s Suffolk County accidentally defaults on debt

<p><a href="http://news.yahoo.com/oops-yorks-suffolk-county-accidentally-defaults-debt-173732971--sector.html"><img src="http://l2.yimg.com/bt/api/res/1.2/fVMe76bIolkXVLd8prIqpA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-04-23T192128Z_3_CBRE93M1CZ200_RTROPTP_2_SUFFOLK-CRISIS.JPG" width="130" height="86" alt="A Suffolk County sign is seen along the road entering Cold Spring Harbor" align="left" title="A Suffolk County sign is seen along the road entering Cold Spring Harbor" border="0" /></a>By Edward Krudy and Pamela Niimi NEW YORK (Reuters) - As if Suffolk County, home of the Hamptons and playground of the rich and famous on New York's Long Island, didn't have enough financial problems already. A regulatory filing on behalf of the county dated April 16 shows it accidentally missed an interest payment on some of its debt, including $76.1 million of public improvement bonds, putting the county technically in default. Oops. ...</p><br clear="all"/>

Source: You are not allowed to view links. Register or Login