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"California has lined up a $5.4 billion loan from a group of eight banks led by Goldman Sachs as an emergency cushion if the credit markets are disrupted by a failure to raise the debt ceiling, the state=92s treasurer announced on Tuesday.
The loan carries a 0.237 percent interest rate and matures on Nov.
22."That's cheap money at 0.237%, wonder what it will be next year?
-Bill