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L.A. City Hall finally gets some good financial news

Jul 2, 2011 1:11:16 AM- latimes.com
Los Angeles gets a $1.3-billion loan at low interest rates after officials lobbied investors, describing the city's 'turnaround story.'

The first good financial news to reach Los Angeles City Hall in years arrived from Wall Street this week, when investors issued the city $1.3 billion in short-term loans at record low interest rates.

USA, California: (Latest Stories)