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The New York Local Government Assistance Corporation is a New York state public-benefit corporation created in 1990 to issue bonds to decrease the state's reliance on short term loans.
George Sumner Bradford Dana Gould was an American financier and banker. Gould was a member of the board of Municipal Assistance Corporation that was constituted during the 1975 New York City fiscal crisis and briefly served as its chairman in 1979. He was the Undersecretary of the Treasury in the late 1980s during the Reagan administration. During this period he oversaw the savings and loan crisis, the aftermath of the 1987 Black Monday stock market crash, and the raising of the country's debt ceiling.
References
- ↑ Lucia Capodilupo (April 2002). "MUNICIPAL ASSISTANCE CORPORATION FOR THE CITY OF NEW YORK (MAC)". William and Anita Newman Library and Baruch College, City University of New York. Archived from the original on June 12, 2010. Retrieved January 20, 2011.
- ↑ Chira, Susan (December 12, 1992). "THE TRANSITION: Woman in the News; Emphasis On Action: Donna Edna Shalala". The New York Times. Retrieved August 17, 2018.
- ↑ Roger Dunstan (March 1, 1995). "Overview of New York City's Fiscal Crisis" (PDF). California Research Bureau, California State Library. Archived from the original (PDF) on December 19, 2017. Retrieved December 19, 2017.
- ↑ Adam Lisberg (September 27, 2008). "Municipal Assistance Corp., New York's 1975 savior, says 'see ya'". New York Daily News . Retrieved June 18, 2020.
- ↑ "Municipal Assistance Corporation (MAC)". Troy, New York. Archived from the original on February 12, 2012. Retrieved January 20, 2011.
- ↑ "NYSABO 2018 Report" (PDF). pp. 16, 29, 44. Retrieved November 6, 2018.
