A former investment banker at Goldman, Sachs, & Co. has agreed to pay a $100,000 fine and be barred from the securities industry for five years for his involvement in a pay to play scheme involving a Massachusetts gubernatorial candidate.
The Los Angeles County Metropolitan Agency will be seeking approval from its board in June on borrowing totaling $10.2 billion through 2026 to complete the rail transit network.
Delinquency and foreclosure rates for single family whole loan programs of housing finance agencies continued to increase during 2012, despite an improved housing market.
Photos from The Bond Buyer's 2nd Annual Symposium on Distressed Municipalities, held March 18-19 at the Omni Providence Hotel in Providence, Rhode Island.
New Jersey estimates repair and response costs at $312.7 million for Atlantic City, which had to evacuate some of its 40,000 residents and shut seaside casinos.