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Takeaways from Tallahassee — A billion-dollar fight over bonds

August 12, 2017 - 7:30am

A federal court’s ruling this week in Kansas has bolstered Florida’s lawsuit against the feds over U.S. savings bonds it holds as unclaimed property. In 2016, then-Chief Financial Officer Jeff Atwater sued the feds for over $1 billion — the amount of all the bonds he held as unclaimed property. He said the U.S. Treasury refused to make good on those bonds; current CFO Jimmy Patronis this week added it “has prevented (us) from securing full access to the bonds…

Full Story: http://saintpetersblog.com/takeaways-tallahassee-billion-dollar-fight-bonds/

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