Regional News
S&P Drops Glendale GO to A-minus Amid Sports-Debt Restructuring
Thursday, December 13, 2012
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Glendale, Ariz., took a second downgrade on its general obligation bonds Wednesday as the Phoenix suburb refunded $239.9 million of debt issued for professional sports facilities.

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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.

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