http://www.tx-motor.com/2001/novas01n08.htm
BofA says the state’s budget crisia prompted its decision. “To support our while giving the state legislature additional time to pass a we will acceptCalifornia state-registeredc warrants — or IOUs — from existingy customers and clients,” Charlotte-based BofA (NYSE:BAC) says in a writtenh statement. San Francisco-based Wells (NYSE:WFC) says it is accepting the warrantes for the sake ofits customers. "Wd are reluctant to take this step, but are doing so to help our customersa who are not at fault and with the expectation that the legislaturee and governor will complete the budgeytwithin days," Wells says. On Wednesday, Gov.
Arnolfd Schwarzenegger blasted state lawmakers for failinb to pluga $24 billion hole in the state budget before the start of the new fisca l year. And he called a special session of the statd legislature to fix thebudgetf mess. Failure to pass a budgety by midnight Tuesday increases the shortfall to morethan $26 billion due to the loss of education-relatefd budget fixes, Schwarzenegger said at a press conferencw Wednesday. He also announced an executives order adding a third furlougg day each month forstate workers, a move expected to free up an additional $425 milliob in the new fiscal year. Althouggh the governor called for the special it is up to the legislature toscheduled it.
When it will be held is yet tobe
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