Standard & Poor's Ratings Services has lowered its rating to AA-minus from AA on the $50 million series 2010 and $119.3 million series 2007 revenue bonds issued by the New York Dormitory Authority for Vassar College.
A recent research paper suggests widespread violations of MSRB fair pricing rules are rampant in the municipal market. But scratching just below the surface reveals serious flaws in the methodology and assumptions underlying the authors' conclusions.
the bond buyer conferences
September 25-27, 2013JW Marriott LA Live, Los Angeles, CA
October 27-29, 2013Crowne Plaza Times Square Manhattan, New York, NY