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Philly faces $186M in swaps losses
"Difficult to find the documentation," says city treasurer, as swaps advisers "await prison sentence"
Read more: http://www.philly.com/philly/columnists/joseph-distefano/20121024_PhillyDeals__Interest-rate_swap_strategy_backfires__costs_city__186M.html#ixzz2AE7pIrn2
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