Buying bonds instead of Final Four tickets
The Connecticut Huskies band performs during the regional semifinal of the 2014 NCAA Men's Basketball Tournament at Madison Square Garden on March 28, 2014.
Tomorrow, the Wisconsin Badgers take on the Kentucky Wildcats, and the Florida Gators play the UConn Huskies. UConn's women's team is also in the running for a national championship.
So it's a big week for the University in Storrs, Connecticut -- because these games coincide with a major bond offering. The city is selling $220 million worth of municipal bonds to fund campus construction.
According to Bloomberg, bond buyers also hoped this might lead to some good seats at this weekend's games.
Sorry, the school says, it's not going to happen.
Featured in: Marketplace for Friday April 4, 2014