Governments withdraw $1.2B from fund

Governments withdraw $1.2B from fund

There are 1 comment on the Orlando Sentinel story from Dec 7, 2007, titled Governments withdraw $1.2B from fund. In it, Orlando Sentinel reports that:

With the teller windows reopened, Florida cities, counties and school districts Thursday withdrew $1.2 billion from the battered state-run investment fund that was shut down last week to halt a $13 billion run.

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Jane

Jacksonville, FL

#1 Dec 7, 2007
I've seen no mention of the $1.2 billion the State of Florida was forced to return the the cigarette companies who had won their appeal of the Engles class action suit. Don't know why it put everyone in a tizzy. It was never the government's money in the first place.

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