NEW YORK (CNNMoney.com) -- California sent out its last IOU on Thursday. The "lucky" recipient: Yellow Cab Co. of Sacramento, the oldest and largest taxi company in California's capital city.
Yellow Cab's historic warrant was for $41.60, covering a trip taken by a California Department of Fish and Game worker. The IOU hasn't yet arrived in Yellow Cab's office, but when it does, it will have plenty of company. In the two months that California relied on warrants to pay its bills, Yellow Cab collected 62 of them, totaling $16,435.68.
Sunday, September 06, 2009
Who got the last California IOU?
According to CNN, Yellow Cab and it doesn't sound like it was the only IOU that the company received from the State of California...
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