Declining cigarette sales and disputes over how much tobacco companies owe to U.S. states may cause more than $12 billion of defaults on related bonds issued by California, New York City, New Jersey, Ohio and Virginia.
BusinessWeek.com -- Top News, Business Week
Fri, 08/06/2010 - 9:43am
Declining cigarette sales and disputes over how much tobacco companies owe to U.S. states may cause more than $12 billion of defaults on related bonds issued by California, New York City, New Jersey, Ohio and Virginia.