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Montco, NPSD, Getting Money In Legal Settlement

dollarsMontgomery County and the North Penn School District are getting money this week from the Bank of America. It’s part of a multi-state settlement in a scheme to rig bids and engage in other anti-competitive conduct in dealings with public entities.  Pennsylvania Attorney General Tom Corbett says the scheme enriched banks and brokers at the expense of the victims, including 30 school districts across the state.  Montgomery County gets the biggest share of the settlement, at more than $1,991,000, and North Penn gets more than $34,500.  Corbett says investigators focused on the marketing and sale of municipal derivative investments, which government agencies use to re-invest the proceeds of tax-exempt bond offerings.  He says additional funds from the settlement will be distributed in the near future.
WNPV AM 1440 Happy Thanksgiving from all your friends here at WNPV Radio!
WNPV AM 1440 As you plan your shopping for Friday ... and Small Business Saturday ... be sure to include some of the locally owned and operated businesses in our area because, according to the Institute for Local Self-Reliance (www.ilsr.org), locally owned businesses create more jobs locally and, in some sectors, provide better wages and benefits than chains do! "Shop Locally for the Holidays!"
Institute for Local Self-Reliance ilsr.org Building Community, Strengthening Economies
WNPV AM 1440 Planning to shop on Friday? How about Small Business Saturday? As you make your plans be sure to include some of the locally owned and operated businesses in the area! According to the Institute for Local Self-Reliance (www.ilsr.org) there are "10 Reasons to Support Locally Owned Businesses." #5: Entrepreneurship. Entrepreneurship fuels America's economic innovation and prosperity and serves as a key means for families to move out of low-wage jobs and into the middle class. Shop Locally for the Holidays!
Institute for Local Self-Reliance ilsr.org Building Community, Strengthening Economies
WNPV AM 1440 As you plan your holiday shopping, think about the "Top 10 Reasons to Support Locally Owned Businesses" from the Institute for Local Self-Reliance (www.ilsr.org): Public Benefits and Costs. Local stores in town centers require comparatively little infrastructure and make more efficient use of public services relative to big box stores and strip shopping malls.
Institute for Local Self-Reliance ilsr.org Building Community, Strengthening Economies
WNPV AM 1440 As you plan your holiday shopping, think about the "Top 10 Reasons to Support Locally Owned Businesses" from the Institute for Local Self-Reliance (www.ilsr.org): Environmental Sustainability. Local stores help to sustain vibrant, compact, walkable town centers which in turn are essential to reducing sprawl, automobile use, habitat loss, and air and water pollution. "Shop Locally for the Holidays!"
Institute for Local Self-Reliance ilsr.org Building Community, Strengthening Economies

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