Standard & Poor's Ratings Services said it lowered its long-term rating to D from CC on the city of Vadnais Heights, Minn.'s series 2010A, B, and C annual appropriation lease revenue bonds, issued by the Vadnais Heights Economic Development Authority.
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