Lockyer, local officials urge Fed to pump cash into municipal bond … - Sacramento Bee

Lockyer, local officials urge Fed to pump cash into municipal bond …Sacramento Bee,  USA - Nov 22, 2008Lockyer's group argues that the Fed should buy bonds that investors have dumped or lend banks money so they can use it to buy bonds and stabilize markets. …Credit market freeze may claim local governments as victims Los Angeles [...]...