Elvis Presley's Graceland Bonds Default

Elvis Presley’s Graceland Bonds Default

Paul Simon released that anthem about the historic Memphis home of Elvis Presley in 1986, about a decade after the death of the famed singer. Much has changed. Covid-19 hurt Graceland so much that Tennessee state-issued bonds tied to tourist revenue have gone into default. The city of Memphis, the state and Elvis Presley Enterprises …

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