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Conservative investments still impacted by downturn

Posted: Wednesday, August 5th, 2009 at 4:28 am

Wall Street wasn’t the only investment arena hit by the economic downturn. Washington County Treasurer Jeff Garrett manages investments for the county. He says conservative options like CD’s also suffered. Garrett says state law puts strict limits on how municipalities invest tax dollars. He delivered his investment report to county supervisors at yesterday’s (8/4) meeting.

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