Pennsylvania's Rendell on Municipal-Bond Market

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Sept. 9 (Bloomberg) -- Pennsylvania Governor Edward Rendell discusses Harrisburg's bankruptcy risk and the actions state government may take to assist the capital city. Harrisburg has already skipped about $6 million in payments this year on the municipal debt related to a waste-to-energy incinerator. It has considered seeking bankruptcy protection to cope with the $68 million in debt service it is responsible for in 2010. Rendell speaks with Margaret Brennan on Bloomberg Television's "InBusiness." (Source: Bloomberg)


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