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A Special Report: The Threats to States' Fiscal Health
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Commonwealth Club of California
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Commonwealth Club
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Failure to Expose the Truth Caused Financial Collapse
02 min 55 secDavid Crane, adviser to former California Governor Arnold Schwarzenegger, explains how incomplete financial reporting and understanding caused a "panic that threatened the very foundations of our economy." According to Crane, state budgets are highly susceptible to insecurity in financial institutions.
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01 hr 09 min 55 sec
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