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From the staff of the Tampa Bay Times

Not again! Another investment fund collapses



Another local government investment fund has collapsed, but in this case no cities lost money because of a bailout from the Florida League of Cities. The fund involved about $187-million in funds owned by more than a dozen small Florida cities, including New Port Richey, that were invested in the Columbia Strategic Cash Portfolio, commonly known as Strat-Cash. Read Florida Trend's exclusive story here.

[Last modified: Wednesday, September 15, 2010 2:14pm]


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