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On 5 June 1966, the 3970th SW was replaced by the 98th Strategic Wing, which assumed the personnel, equipment, and mission of the 3970th Strategic Wing, [7] For the next decade, the 98th had no tactical aircraft components assigned to it, but rather used attached Boeing KC-135 Stratotankers and crews furnished by other SAC wings to provide air ...
A strategic default is the decision by a borrower to stop making payments (i.e., to default) on a debt, despite having the financial ability to make the payments.. This is particularly associated with residential and commercial mortgages, in which case it usually occurs after a substantial drop in the house's price such that the debt owed is (considerably) greater than the value of the ...
In 2001, NAFR was renamed the Nevada Test and Training Range (NTTR) and in October 2001, the range group personnel and assets for range operations transferred to the 98th Range Wing. [36] In 2005, Indian Springs AFAF was renamed Creech Air Force Base and in 2010, the NTS was renamed the Nevada National Security Site . [ 37 ]
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The last instance of such a default took place during the Great Depression, in 1933, when the state of Arkansas defaulted on its highway bonds, which had long-lasting consequences for the state. [1] Current U.S. bankruptcy law, an area governed by federal law, does not allow a state to file for bankruptcy under the Bankruptcy Code. [2]
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