Wis. School Investment Has Worldwide Implications
Nov 2nd, 2008 · In 2006, five school districts in Wisconsin invested some $200 million in what board members say they believed were safe corporate bonds. Now those investments have lost more than 90 percent of their value. A story in The New York Times Sunday, co-reported by NPR's global economics unit, Planet Money, draws the links between the schools and banks in several countries.