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Borrowing $105 Million for $1 Billion

Tue 07 Aug 12 | 02:51 PM ET

The San Diego school district of Poway borrowed $105 million to build and remodel schools. That alone is not unusual, except the loan they took will end up costing taxpayers nearly $1 billion to pay back, reports CNBC's Herb Greenberg. Will Carless, Voice of San Diego staff writer, and Marilyn Cohen, Envision Capital CEO, weigh in.

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Is the Deficit Being Cut Too Fast? Fri 17 May 13 \| 07:53 PM	Bad Week for Obama Fri 17 May 13 \| 07:42 PM	Tim Cook Says Corporate Taxes Too High Fri 17 May 13 \| 07:30 PM	Who Really Wins In Powerball? Fri 17 May 13 \| 07:26 PM	Are Investors All-In on the Rally? Fri 17 May 13 \| 07:15 PM
The IRS Takes a Grilling Fri 17 May 13 \| 07:00 PM	Cramer's Final Thoughts Fri 17 May 13 \| 06:59 PM	No Huddle Offense Fri 17 May 13 \| 06:53 PM	Mad Tweets Fri 17 May 13 \| 06:48 PM	Lightning Round Fri 17 May 13 \| 06:40 PM
Companies That Shine After Spinoffs Fri 17 May 13 \| 06:29 PM	Bargain in a Roaring Market Fri 17 May 13 \| 06:15 PM	The Week Ahead: Next-Gen Xbox Fri 17 May 13 \| 06:02 PM	Mad Money: Cramer's Gameplan Fri 17 May 13 \| 06:00 PM	Mad Money, May 17, 2013 Fri 17 May 13 \| 06:00 PM
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Borrowing $105 Million for $1 Billion

Borrowing $105 Million for $1 Billion

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