The local governments of Cook County, Ill. together face a financial burden of $34 billion from unfunded pension liabilities and other debt, according to a pair of public policy groups in Chicago.
Cook County Governments Face $34B Financial Burden, Report Finds
DEC 4, 2012 5:02pm ET
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A recent phenomenon is the emergence of bonds with shorter call protection as funding alternatives for municipalities. However, the shorter call protection also dampens the potential upside for investors, which in turn reduces the price they are willing to pay.
the bond buyer conferences
May 1- 2, 2014Hyatt Regency, Baltimore, MD
The Roosevelt Hotel, New York, NY