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Shelly Sigo

Recent Stories From this Author

Private Passenger Rail Service Plan in Florida Questioned
September 17, 2014 All Aboard Florida, a private venture planning new passenger rail service from Orlando to Miami, is encountering headwinds...

SEC: No Statements from Jefferson County Bankers
September 15, 2014 Two ex-JPMorgan bankers shouldn't be allowed to give statements six years after taking the Fifth Amendment in the Jefferson...

Florida University Takes Second Rating Hit Due to Direct Loan
September 12, 2014 Problems with a bank loan led Fitch to become the second rating agency to act against Florida Gulf Coast University, placing...

Atlanta Begins New Round of Infrastructure Meetings
September 11, 2014 Atlanta launched a second round of public meetings in September to discuss a general obligation bond referendum to be held...

Louisiana Panel to Ask Governor Hopefuls About Road Funding
September 11, 2014 The Louisiana Transportation Funding Task Force plans to ask candidates for governor about their positions on new ways to fund...

N.C. Eastern Municipal Power Inks $1.2B Deal with Duke
September 11, 2014 The N.C. Eastern Municipal Power signed the deal to sell its assets to Duke, which requires taking out $1.87 billion in...

Florida: $70M Savings on I-4 P3 Financing
September 10, 2014 Low interest rates on federal and bank loans for the $2.3 billion Interstate 4 Ultimate project in central Florida saved the...

Kentucky State Disenrolls 645 Students for Failing to Pay
September 10, 2014 Kentucky State University's plan to disenroll 645 students for failing to pay will exacerbate stressed operations but could be...

Jackson Energy Authority, Tenn., Wastewater Bonds to AA by S&P
September 9, 2014 Citing a robust financial position, S&P raised its rating to AA from AA-minus on the Tennessee's Jackson Energy Authority's...

Judge Won't Dismiss Jefferson County, Ala., Pay-to-Play Case
September 8, 2014 An Alabama federal rejected ex-JPMorgan bankers' motions to dismiss the pay-to-play case against them involving Jefferson...


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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