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bailout bond |
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Bailout bond A bond issued by the Resolution Funding Corporation (Refcorp) to save the failing savings and loan associations in the late 1980s and early 1990s.
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Hopefully, once the $15 billion bailout bond issue is behind us, the governor and legislators will have some breathing room to turn their attention to producing leaner, more effective state services. AVC's acting president, Jackie Fisher, also said it would be beneficial to postpone the bond election to avoid conflict with the state deficit bailout bond proposed by Gov. |
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