Paul Burton

Recent Stories From this Author

R.I. House Panel Approves 38 Studios Payment
June 19, 2013 One day after Moody's threatened to downgrade Rhode Island, a House finance panel approved an $8.2 billion budget that...

Pennsylvania Auditor: Turnpike Obligations Are Unsustainable
June 19, 2013 Continuing financial obligations will make Pennsylvania Turnpike debt unsustainable and tolls crushing for motorists and...

Lawmakers Criticize N.Y. MTA over China-Sourced Bridge Materials
June 19, 2013 Two state lawmakers from Staten Island want the Metropolitan Transportation Authority to reconsider its decision to use 15,000...

Moody's Casts Shadow as R.I. Lawmakers Weigh Paying 38 Studios Debt
June 18, 2013 A threat of a GO downgrade from Moody's shadowed Rhode Island's debate over the payment of moral obligation debt related to...

New Haven: Moody's Downgrade No Surprise
June 18, 2013 A New Haven official acknowledged the need to plug a budget deficit after Moody's issued the Connecticut city its second...

Moody's: Federal Storm Aid for New York City a Credit Positive
June 17, 2013 Moody's Investors Service calls the expected infusion of federal funds for New York City Mayor Michael Bloomberg's $20 billion...

Moody's Warns R.I. of GO Downgrade as It Lowers 38 Studios Bonds
June 17, 2013 Moody's late Monday lowered 38 Studios bonds to Baa1 from A2 and placed Rhode Island's Aa2 general obligation rating under...

Providence Mayor Seeks TIGER Grant to Spur Streetcar Project
June 14, 2013 Providence, R.I. Mayor Angel Taveras desires $39 million in federal TIGER grant money to help fund a streetcar project he...

MBTA Faces Another Gap
June 14, 2013 The Massachusetts Bay Transportation Authority — the transit system that serves Greater Boston — is staring at a...

MTA's Pally Has Suffolk Ally
June 14, 2013 Suffolk County Executive Steve Bellone has written Governor Andrew Cuomo requesting the re-appointment of Mitchell Pally as...

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Opinion

A recent research paper suggests widespread violations of MSRB fair pricing rules are rampant in the municipal market. But scratching just below the surface reveals serious flaws in the methodology and assumptions underlying the authors' conclusions.

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