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Reviews the background of the New York City financial crisis, and State and Federal actions to resolve it, 1975-77. Discusses legal disputes over constitutional and other issues; the city's repayment plan, new budget, and electrical system failure of 7/13/77; and the findings of the Securities and Exchange Commission investigation into sales of municipal securities.
Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed June 2010). Reuse except for individual research requires license from ProQuest, LLC.
Library of Congress. Congressional Research Service.