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Delayed payments in 1979 offer glimpse of default consequences

Thread starter Helix
Start date Jul 11, 2011

Helix

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Jul 11, 2011

Delayed payments in 1979 offer glimpse of default consequences - The Washington Post

In fact, there was one short-lived incident in the spring of 1979 that offers a glimpse of some of the problems and costs that might arise if the stalemate on Capitol Hill continues.

technical default on $120 million, and the consequences.

Last edited: Jul 11, 2011

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