51.   But Branch argues that Bank of New England was insolvent before the last bond issue and well before regulators actually seized the banks.

52.   But how those costs are allocated among ratepayers, utilities and generators, and whether the bond issue can even succeed, remain unanswered questions.

53.   But it seems to be clear that the reason RJR did not pay off the other bond issue was to preserve its flexibility.

54.   But Keane pointed out that Brown has praised the bank for saving the city millions of dollars on its bond issues.

55.   But she said other districts in the state had turned down bond issues.

56.   But the authority, with no uncontested claim on sovereign property or financial assets, cannot provide collateral for a commercially viable bond issue on its own.

57.   But the junior senator and the governor seem to be spending more time on the bond issue than the Presidential campaign.

58.   But state prison officials say they were simply following the mandates of the Texas Legislature and Texas voters, who approved two prison expansion bond issues.

59.   But the state was mired in recession and Colorado Springs voters had recently voted down a stadium bond issue.

60.   But there are several times that many corporate bond issues are available for trading.