"Unraveling the Troubles: The Downfall of an Arizona Park Funded by Muni Bonds"
TL;DR Summary
A financial meltdown at Legacy Park, a sports arena in Mesa, Arizona, highlights that not all municipal bonds are created equal, as the bonds used to build the park recently traded at roughly 10 cents on the dollar.
How Did Things Go So Wrong at This Arizona Park Built With Muni Bonds? The Wall Street Journal
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