BAM Hires Bear Stearns Vet Daniel Keating
Daniel Keating, a 35-year veteran of the municipal bond market and former Bear Stearns & Co. executive, joins insurer Build America Mutual as senior managing director for municipal bond markets starting Monday.
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Prairie State Generating Co. has named Donald Gaston its new president and chief executive officer after a nationwide search. more »
California's Controller, John Chiang, a Democrat will face off against Republican Greg Conlon, a businessman and former California Public Utilities Commission chair, in the race for treasurer to replace the retiring Bill Lockyer. more »
Chicago's chief financial officer Lois Scott and veteran New York-based banker and Municipal Securities Rulemaking Board chair Kym Arnone will receive the Freda Johnson Award for Trailblazing Women in Public Finance. more »
When former California State Senate President pro Tempore Darrell Steinberg's Senate term is up this year, he will join Greenberg Traurig's government practice. more »
Municipal Securities Rulemaking Board chair Kym Arnone wants the board to finish the municipal advisor rules and take more steps to improve transparency before the end what she says is the hardest job she has ever loved in a nearly 30-year muni career. more »
Christine Cumming, first vice president and chief operating officer of the Federal Reserve Bank of New York, Wednesday announced her intention to retire from the Bank in June 2015. more »
Timothy East became the second Harrisburg, Pa., treasurer to resign in two months, a city official confirmed late Tuesday. more »
Chicago City Treasurer and former public finance banker Stephanie Neely is stepping down from the elected post to return to the private sector. more »
John Cross will leave as director of the SEC's Office of Municipal Securities next month to succeed Vicky Tsilas as the Treasury Department's associate tax legislative counsel, according to the SEC and sources. Tsilas is rejoining Ballard Spahr in January. more »
Alabama House of Representatives speaker Mike Hubbard faces 23 felony ethics law violations after being indicted by a grand jury on Monday. more »
William Ronan, the first chairman of New York's Metropolitan Transportation Authority, died at age 101. more »
The Alta Group's Bob Neptune will receive the 2014 Jay Terry Lifetime Achievement Award from the Association for Governmental Leasing & Finance at its national conference next month. more »
Detroit Mayor Mike Duggan hired former New York City budget director Carol O'Cleireacain as a deputy mayor. She will find new revenue, work on the city's emergence from bankruptcy and on the restructuring of its massive water and sewer department. more »

Americans are suffering the consequences of Congress, governors and legislators across the U.S. pushing the burden of today's costs onto the backs of tomorrow's taxpayers by repeatedly putting off infrastructure repairs and new construction.

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