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Keeley Webster

Recent Stories From this Author

Riverside County Plans Short-Term Note Sale
September 22, 2014 Riverside County, Calif.'s plans to sell $102 million in Teeter notes the week of Sept. 29.

Poll: Orange County Voters Skeptical of Toll Road Extension
September 18, 2014 Orange County, Calif. registered voters surveyed by an opponent of a Foothill/Eastern toll road extension expressed skepticism...

Attorney's Plea Leaves Bond Fraud Defendants in Lurch
September 16, 2014 An attorney representing defendants in a Victorville, Calif. bond fraud lawsuit pleaded guilty in a separate case to charges...

S&P Revises Kauai County GO Outlook to Negative
September 16, 2014 Standard & Poor's revised the outlook to negative and affirmed a AA long-term rating on Kauai County, Hawaii's outstanding...

Fitch: San Diego Tax Ruling Displays Power of Proposition 13
September 15, 2014 A court ruling striking down a vote by hoteliers approving a bed tax for a planned San Diego convention center expansion...

Judge: San Bernardino Can Reject Union Agreement in Bankruptcy
September 12, 2014 The judge in the San Bernardino bankruptcy case tentatively ruled Thursday that the city could reject its current collective...

Questions Won't Stop California Convention Center Expansions
September 11, 2014 California cities are moving ahead on convention center expansions despite lingering questions about whether convention center...

Mixed Signals From Raters on Guam Power Deal
September 10, 2014 Guam Power Authority's plans to sell $76.5 million in senior revenue bonds the week of Sept. 15. and the three ratings...

Hawaii PUC Approves Utility Surcharge Bonds
September 9, 2014 Hawaii received approval from its Public Utilities Commission to issue $150 million in taxable bonds by November to fund a...

Termed Out LA County Pols Take Different Paths
September 9, 2014 Termed out Los Angeles County Supervisors Gloria Molina and Zev Yaroslavsky are taking different paths after serving two...


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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