
Municipal Assistance Corporation
New York, Simon H. Rifkind, Felix Rohatyn
Herausgegeben: Jere, Wade Anastasia
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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. A Municipal Assistance Corporation is an independent corporation created by the State of New York for purposes of providing financing assistance and fiscal oversight of a fiscally-distressed city. Two MACs are explicitly designated under New York law. Best known is the MAC for New York City, created in response to the city's fiscal of the mid-1970s. The Corporation was born of a recommendation made by a special panel composed of Simon H. Rifkind, Felix G. Rohatyn, Ric...
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. A Municipal Assistance Corporation is an independent corporation created by the State of New York for purposes of providing financing assistance and fiscal oversight of a fiscally-distressed city. Two MACs are explicitly designated under New York law. Best known is the MAC for New York City, created in response to the city's fiscal of the mid-1970s. The Corporation was born of a recommendation made by a special panel composed of Simon H. Rifkind, Felix G. Rohatyn, Richard M. Shinn and Donald B. Smiley.