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Old 10-13-2011, 02:47 AM   #14
Soassesaisp

Join Date
Oct 2005
Posts
393
Senior Member
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With regard to Coral Gables he actually said "stock". I think this is an important distinction obliquely referring to CAFRs or Comprehensive Annual Financial Reports. These are filed by corporations. Check out your own state or municipality's CAFR. See if they own stocks in for-profit corporations or if their charter forbids it. You'll be amazed if you check out the state of Florida. Examine the stock holdings. Ever wonder why, when entering a jurisdiction you see the sign that says "Incorporated in (fill in year)". One more interesting monologue by LW.
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