![]() Los Angeles Times | Big banks stop cashing California IOUs CNNMoney.com More than 60 credit unions, however, continue to accept the paper. State Controller John Chiang started issuing the IOUs on July 2 to conserve cash, ... What will spur California to solve its budget crisis? California 'Incompetence' Leaves Banks to Ponder IOUs Big Three banks say they won't take state IOUs beyond today |
Published: 12 July 2009 6:06 PM CDTPosted in: Credit Crisis


