Local governments withdrew $1.2 billion in less than four hours on Thursday when a state-run investment pool reopened for the first time in a week. ...more

December 7, 2007

Pasco County leaders on Thursday unanimously agreed to withdraw the maximum 15 percent, or $65 million, from a state investment pool as they wait for assurances that the fund can remain solvent. ...more

December 7, 2007

The same depressed real estate market that has rocked the private sector now threatens local governments, which sought assurances from state leaders on Tuesday that they will not lose the money they have invested in a fund containing mortgage-backed assets. ...more

December 5, 2007

TALLAHASSEE - A Florida-run investment pool for local governments will reopen this week to give the investors critical access to their cash, but the head of the agency that manages the fund resigned today amid questions about the pool's troubles. ...more

December 4, 2007

When top Florida leaders meet this morning to try to fix a troubled state investment pool, Hillsborough County officials will be watching closely. ...more

December 4, 2007

School, county and city officials rushed Friday to assure their employees they will be able to cover payroll checks despite a freeze on a state-run investment pool fund. ...more

December 1, 2007

Gov. Charlie Crist and two other top state officials suspended withdrawals from a state-operated investment pool Thursday, abruptly halting a run by local governments spooked over the downgrade of its mortgage-related holdings. ...more

November 30, 2007