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Letters to the editor of the New Haven Register, New Haven, Connecticut, Email to

Tuesday, February 5, 2013

Malloy cuts budget while giving millions to hedge fund

At a time when Governor Malloy is seeking millions in cuts, it is important to remind the public that the State Bond Commission at the governor's request bonded $11.4 million and approved a $25 million gift, i.e., "forgivable loan" to one of the largest hedge fund companies in the world. (New Haven Register, Jan. 27, 2013).  What is a "forgivable loan" if not a gift? Outrageous.
Tim Chaucer


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