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Paul Burton

Recent Stories From this Author

Skanska General Counsel Schuhmacher Joins Orrick
September 2, 2014 Kenneth Schuhmacher, former general counsel and commercial director of Skanska Infrastructure Development North America,...

Moody's: New Subway Stop Credit Positive for Somerville, Mass.
August 29, 2014 The opening of Greater Boston's first new subway station in 27 years is a credit positive for Somerville, Mass., said Moody's...

Chafee: Rhode Island Ended FY14 with $68M Surplus
August 29, 2014 Rhode Island ended fiscal 2014 with a $68 million general fund surplus, said Gov. Lincoln Chafee.

N.Y. City Bus Rapid Transit Up for Discussion
August 29, 2014 The New York Transit Museum will host a discussion on bus rapid transit expansion plans in New York City's demographically...

Harrisburg Treasurer Resigns Amid Scandal
August 28, 2014 John Campbell, charged with theft from a local nonprofit, resigned as city treasurer in distressed Harrisburg, Pa., and...

S&P Maintains Connecticut Rating Pending Medicare Review
August 28, 2014 The federal government's review of Medicaid reimbursements will not affect Connecticut's AA general obligation bond rating for...

Panel Calls for New York MTA to Improve Safety Culture
August 28, 2014 Metro-North Railroad's emphasis on on-time performance worsened the safety culture at the commuter rail line, said a report...

Harrisburg Report: Civil War Museum Overspends on Salaries
August 28, 2014 The National Civil War Museum spends nearly two-thirds of its funding from hotel tax revenues on salaries, said Harrisburg,...

Harrisburg Mayor: 'All Accounts Are in Order'
August 27, 2014 Harrisburg, Pa., Mayor Eric Papenfuse said the scandal surrounding city Treasurer John Campbell's alleged theft from a...

Harrisburg, Pa., Council: Suspend Civil War Museum Funding
August 27, 2014 The Harrisburg, Pa., City Council requested Dauphin County Commissioners to suspend transfer of funds from hotel tax revenues...


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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