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Some might argue that the BOE has several options for closing its funding shortfall. Although this makes the rating agencies seem reactive rather than proactive, they could legitimately reply that the market should not dictate their opinions. Keep em coming! According to the Bond Buyer :. Governor Rauner has recently suggested that the BOE should be given a means of restructuring its obligations and legislation has already been introduced to authorize Chapter 9 filings in the state. Recent downgrades have already increased the interest rates the board pays. The BOE has little ability to transform its revenue situation.

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As a side note, one of the more interesting debates underway in the market is whether a state or territory can adopt laws permitting municipalities to undertake a large-scale restructuring that could result in the retroactive adjustment of their liabilities. This would apply to both Puerto Rico and Illinois. For a municipal entity to be eligible to file for bankruptcy, the use of Chapter 9 has to be specifically authorized by the state in statute. I wish there would have been some other method used so we as the audience and the Mako pod could see the danger the dragon posses. It seems most conversations about Chicago credits keep coming back to this question. Investors have the option to put the bonds back to the issuer technically, the tender agent at any time with a specified notice.

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The potential insolvency of Chicago Public Schools and the stickiness of credit ratings

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Ich liebe diese Frau ❤️
Brahma at 09.06.2021 at 23:03
I just love fucking a shaved pawg like this a cumming all over her smooth pussy, then licking up my cum and kissing her and sharing my tasty cum with her.
Krikket at 09.06.2021 at 23:29
so geil........und das im schönen Dresden??
Denny at 10.06.2021 at 13:24
This scene has my pussy so wet and throbbing.. can someone please teach me how to be a lesbian... Yuuummmm!
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wat geil zo diep
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Great vid; nice mom and super saggies!
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I want some of that either way...it's hot !!!
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Nice boobs! Kisses
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Ei würde es gerne mit dir machen
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Brash at 13.06.2021 at 02:24
Всё бы выпил до капли и член отсосал
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I have one of those tunnel plugs. So much fun! I just wish I could find someone (or more than one) to come stick their cock in it!
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Real women have hair! Not shaved pedo crap.
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Great CFNM./. She is adorable./. She proves that the penis really is made for the woman's mouth ./. She really is a credit to the beautiful girls in the world./.
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