Bond bonanza.

PositionSTATELINE - Brief article

Six states--Kentucky, Missouri, Montana, New Jersey, North Carolina and Oklahoma--have sued the federal government to get the money from unclaimed bonds issued nearly 70 years ago. To help finance World War II, the federal government issued hundreds of billions of dollars in savings bonds to be paid off in 40 years. At least $16.7 billion, however, has never been claimed. The states contend that the...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT