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Archive Home > 2008 > April > 12 > Region’s hospitals caught up in woes of Wall Street

Region’s hospitals caught up in woes of Wall Street

By James Sinks / The Bulletin
April 12, 2008

SALEM — Looking for lower interest rates in recent years, millions of homebuyers took their chances with adjustable-rate mortgages, only to get burned when rates went up.

Now, a similar dynamic has hit governments and institutions nationwide that borrowed billions through tax-exempt....

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