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Maryland to Competitvely Sell GO Bonds March 4
Triple-A rated Maryland is planning to competitively sell up to $1.268 billion of general obligation bonds on March 4, according to the state treasurer's office.
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Regulators have shut Doral Bank, ending a tumultuous decade for the Puerto Rican bank. The $5.9 billion-asset Doral was the fourth bank to fail this year and the biggest bank to be closed since the $11 billion-asset Westernbank in Puerto Rico was shuttered in April 2010.  more »
The Puerto Rico Electric Power Authority announced that it will miss Monday's deadline to present a restructuring plan.  more »
A Rhode Island Superior Court judge rejected a motion by the state to delay the start of a suit challenging the landmark 2011 pension law as unconstitutional.  more »
The snow and deep freeze that pummeled Massachusetts incapacitated the Massachusetts Bay Transportation Authority, pushing the embarrassed transit agency into a harsh national glare.  more »
A Feb. 23 New Jersey State Superior Court ruling saying pension contributions are contractually protected is a credit negative for the Garden State since it adds a further obstacle to cutting future employee benefits that will further pressure budgets, according to Moody's Investors Service.  more »
Doral Financial Corp. has vowed to appeal a court decision in favor of Puerto Rico concerning $229 million in taxes.  more »
Moody's Investors Service revised the Baa1-rated United Nations International School's outlook to negative.  more »
The board of New York's MTA has qualified military-oriented investment firms Academy Securities and Drexel Hamilton LLC for co-manager assignments on bond transactions.  more »
Legislation that would allow government-owned corporations in Puerto Rico to reorganize through Chapter 9 may face an uphill battle after drawing a lukewarm reception from Republicans on a House panel Thursday.  more »
The latest report by the New York City Panel on Climate Change could resonate well beyond the five boroughs, says storm financing expert Alan Rubin.  more »
Puerto Rico's Treasury said it won an appeal in its dispute with Doral Bank over $230 million.  more »
Trudy Zibit has left her position as managing director at Fitch Ratings after 18 years at the firm.  more »
Chairman Thomas Prendergast said New York's MTA would explore advanced technology to minimize accident risk at track grade crossings.  more »

Doubts as to the quality or effectiveness of Indiana's intercept program are misplaced.

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