Dick Larkin's Palm Beach Post Weekly Column: On TOBACCO BONDS

Dick Larkin
Director of Credit Analysis
Stoever Glass & Co., Inc.
P: (862) 432-8818
E: dlarkin@stoeverglass.com

What first seemed simple has become one of the most complex types of tax-free bonds.  In 1998, 48 states and 4 territories made a deal to get paid billions of dollars annually from tobacco manufacturers, in return for states dropping expensive lawsuits. 

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09/12/16 | What first seemed simple has become one of the most complex types of tax-free bonds. In 1998, 48 states and 4 territories made a deal to get paid billions of dollars annually from tobacco manufacturers, in return for states dropping expensive lawsuits.
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