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Illinois Park District Dropped to Junk
May 1, 2015 Moody's Investors Service has stripped a suburban Chicago suburban park district of its investment grade rating due to...

Chicago CFO Lois Scott to Depart
May 1, 2015 Chicago's chief financial officer, Lois Scott, formally submitted her resignation Friday.

Chicago Touts Shift in Debt Practices
April 30, 2015 Chicagoís CFO, Lois Scott, is promoting the city's new plan to take on $200 million of new debt to pay for canceling...

Chicago Mayor Pledges End to Scoop-and-Toss Restructurings
April 29, 2015 Chicago will phase out the use of scoop-and-toss debt restructuring, convert a $900 million floating rate portfolio to fixed...

Northwestern University Offers Gilt-Edged Paper
April 28, 2015 Northwestern University is offering more than $600 million of its gilt-edged paper to taxable and tax-exempt buyers to refund...

Chicago Flirting With Junk-Bond Rating, Nuveen Says
April 28, 2015 Chicago could sink into speculative grade territory if it fails to quickly make headway in tackling its pension and budgetary...

Missouri Legislature Gets Budget In Early
April 27, 2015 Missouri Gov. Jay Nixon is reviewing the $26 billion fiscal 2016 budget sent to him by lawmakers two weeks ahead of the state...

Taylor Quits As Wisconsin Capital Finance Director
April 24, 2015 Wisconsinís capital finance director, Kevin D. Taylor, resigned after only two years in the job.

Emanuel Names Chicago Transit Head Claypool as Chief of Staff
April 24, 2015 Chicago Mayor Rahm Emanuel tapped Forrest Claypool, his longtime friend and hand-picked head of the Chicago Transit Authority,...

Bank of America Merrill Lynch Hires Eric Rockhold
April 23, 2015 Chicago-based general government banker Eric Rockhold started Monday with Bank of America Merrill Lynch as a co-head of the...


This week, we discuss a new measure of pension funding, examine the impact of oil prices on labor markets in oil dependent States and discuss changing levels of food stamp participation.

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