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Moody's: California Groundwater Legislation a Credit Positive

Poll: Orange County Voters Skeptical of Toll Road Extension

California GOs Are Going Green

Moody's: California Drought Won't Impact Water Finances

California to Sell $110M of GOs for Vet Mortgages

Attorney's Plea Leaves Bond Fraud Defendants in Lurch

San Francisco Airport Selling $481M

Fitch: San Diego Tax Ruling Displays Power of Proposition 13

San Jose and Santa Clara USD Celebrate $80M Land Purchase

Judge: San Bernardino Can Reject Union Agreement in Bankruptcy


Issuance of municipal MSA tobacco bonds by states was the subject of a highly critical article published by ProPublica. The article attempts to make a case that states erred in deciding to issue tobacco bonds. The article was widely circulated across social media. As we frequently observe, the national media focus on the muni market is appreciated, but the facts got muddied in the pursuit of a good story.

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