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| | Bloomberg.com: Bloomberg Columnists (Site not responding. Last check: 2007-09-19) |
 | | Philadelphians in particular, and the municipal bond market in general, read all about it in the summer of 2004, when the local U.S. Attorney indicted the treasurer of Philadelphia and one of Mayor John Street's top fundraisers, among others, on a variety of charges that boiled down to pay-to-play. |
 | | The case played out all of last fall, and this spring, too, when the treasurer, Corey Kemp, was tried and convicted of conspiracy to trade city bond business for favors and campaign contributions. |
 | | That means you pay $5,000 a year for someone to manage and invest your $1 million for you. |
| quote.bloomberg.com /apps/news?pid=10000039&refer=columnist_mysak&sid=a8hJOTEyK504 (726 words) |
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