A House committee will hear Treasury's Antonio Weiss discuss an analysis of Puerto Rico on Feb. 25, as lawmakers coalesce around a bill that would give the territory's authorities bankruptcy access in return for creation of a financial stability council.
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On Thursday, December 3, 2015, The Bond Buyer will host its 14th Annual Deal of the Year gala at Manhattans Waldorf Astoria. Enjoy complete video, photo and textual coverage of the event by browsing this page.
As they spend down the remaining dollars from a $100 million bond measure passed in 2006, officials at the Bakersfield City School District are preparing to ask voters in November for another $125 million for districtwide facilities upgrades.
State Sen. Steve Glazer, elected on a relentless campaign to prevent strikes by BART workers, threatened Wednesday to oppose an expected November bond measure to fund improvements to the transit system.
New York City Comptroller Scott Stringer discusses improving the city's pension system with Bond Buyer senior Northeast reporter Paul Burton. Stringer also examines the effect of the proposed state budget on the city and reminisces about his cousin, the late Congresswoman Bella Abzug.
While the SEC's MCDC Initiative has provided some clarity with regard to materiality and confirmed that the reasonable diligence standard of Rule 15c2-12 applies to both negotiated and competitive deals, no clarity has been offered with regard to the extent of the reasonable diligence obligations of those participating in competitive deals, as co-managers, syndicate members or selling dealers. ...