This case involves the issuing of $100,000,000 worth of bonds which will be sold to investors in the municipal bond market. The city of San Francisco will then be on the hook to pay these bondholders back with interest (over $100,000,000 worth.)
The municipal bond business is a very lucrative one. Is it entirely straight?
Here’s someone who believes reform in the municipal bond business is long overdue.
Stadiums (or stadia) are another big business that intersects with the San Francisco case. Here’s a wide-ranging treatment of the subject.
And here’s a detailed examination of the new stadium/urban development mirage that has taken the U.S. by storm.
If you are against mandatory state-sponsored entertainment and mandatory public support of monopolies, you may find this page interesting.
Organized crime and professional football. Are there connections? You bet there are.