New York City Comptroller John Liu said an audit of the citys Department of Environmental Protections Bowery Bay water pollution control project in Queens determined that a consultants design errors and omissions had cost the city an extra $6.6 million, but the agency made little or no effort to recoup...
Liu Seeks $6.6M Clawback
Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.
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