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Money and Monetary Policy

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Displaying items 1-5
  • Manoukian details portfolio changes for Glendale

    Glendale’s portfolio continues to slide, but City Treasurer Rafi Manoukian forecast an uptick in interest rates around the corner, which bodes well for Glendale’s investment opportunities.
  • Glendale council OKs bonds for power utility upgrades

    Glendale council OKs bonds for power utility upgrades
    The City Council this week approved issuing $60 million in bonds for electricity-related capital improvements, a move that will cost city coffers about $3 million a year in principle and interest payments. The bonds, which were already incorporated into...

    Glendale philanthropist at center of dispute over will

    Glendale philanthropist at center of dispute over will
    The owner of a Glendale BMW dealership and the children of a deceased man who once owned a portion of the property on Brand Boulevard on which it sits are embroiled in multiple legal battles relating to his wills as well as alleged elder abuse. A San...

    City's portfolio value down $2 million

    Glendale’s investment portfolio ended the second fiscal quarter at $396 million, down $2 million from the end of the previous quarter, according to the latest report. The portfolio’s slip is driven by historically low interest rates, which...

    City's policies are the problem

    The government credibility gap as depicted by Ron Kaye is well deserved (“Ron Kaye: The government credibility gap,” Oct. 16), but the abuses at the city of Bell were simply the imminent warnings of the canary inside the statewide coal mine....