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FLORIDA CDDs HAVE DIRT-BOND PROBLEMS

The Bond Buyer in an article by Shello Sigo relates an interview with Henry Fishkind, president of Fishkind & Associates who predicts the CDD situation will not improve before 2011. Richard Lehmann of the Distressed Debt Securities newsletter related how the default count was up to 105 with another 98 on a watch list. Full text of the article can be found at http://www.bondbuyer.com/