Letters To The Editor

School board acted like a high-stake gambler

Revelations about the Bethlehem Area School District's interest rate swaps in The Morning Call last week are shocking. Interest rate swaps are widely used in corporate America and the amount of debt ''swapped'' runs into the trillions of dollars. An end user like the school district, (not a trader or market-maker), should use a swap to hedge an exposure to loss -- to reduce or eliminate the risk of loss from unfavorable movements in that exposure.

MARION'S OPEN MIKE

Marion's Open Mic is where you go to find out what people are talking about. Watch short videos of people from across the Lehigh Valley who share the news in their world.

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Opinion: Who Drew It Best?

When something big is in the news, it sends editorial cartoonists to their drawing boards. Check out this week's cartoons giving slightly different views on this week's topic and tell us who drew it best?

• CAST YOUR VOTE: Who Drew It Best?

Meet The Editorial Board

About The Morning Call Editorial Board

Timothy R. Kennedy
Publisher, President and CEO

• Glenn Kranzley
Opinion Pages Editor
and Vice President

• Stephen Budihas
Human Resources VP

• Sharon Repsher
Billing and Collections Manager

• Liza Mattison
NIE Supervisor

Meet the Editorial Board

Sources Wanted: iThink

CALLING ALL TEENS
Are you a high school student who has a lot to say? Do you like to write? The Morning Call is looking for students with strong opinions to write for iThink, a new teen opinion column on topics of interest to teens. E-mail your name and phone number to Katherine Reinhard today!