Tag Archive for Economy

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Experts: OC Likely to lose big on Street’s Investments

The Orange County Register’s Ron Campbell follows up today about the failure of one of the Structured Investment Vehicles (SIV) Whistlejacket. Chriss Street has invested $80 million in this investment which went into default last month. Orange County will probably lose some of the $80 million it sank into a defaulted investment, financial experts say. It’s “very unlikely”…