Paul Burton is the Northeast Regional Editor for The Bond Buyer. His major coverage has included New York City and MTA finances; the Harrisburg, Pa., debt crisis; the 38 Studios bond financing fiasco in Rhode Island; and unfunded pension liability. Paul hosts podcasts and videos and has moderated at Bond Buyer conferences. Previously, Paul was senior editor and copy chief at M&A-oriented financial media company The Deal LLC. His award-winning career has spanned financial, sports and political journalism. A Boston native, Paul is the author of the book “Tales from the Newsrooms.” He is a frequent public speaker and has appeared as an expert on municipal debt on radio and television shows, including former CBS News White House correspondent Sharyl Attkisson’s public-affairs program, “Full Measure.”
- Connecticut
Construction resumed on a minor-league baseball stadium in Hartford, Conn., after city officials finalized an agreement for surety provider Arch Insurance to finish the project.
October 19 - Connecticut
State budget troubles provided the backdrop as Connecticut sold $650 million in general obligation bonds and GO green bonds.
October 19 -
Massachusetts Treasurer Deborah Goldberg has banned Wells Fargo from its list of approved underwriters for one year, citing the fake-accounts scandal,
October 18 -
Education is potentially the most important public service to suffer from the $1.7 trillion pension funding crisis, said a Manhattan Institute report.
October 18 -
PennsylvaniaPittsburgh is poised to leave state fiscal oversight by 2019, said Mayor Bill Peduto.
October 13 - Connecticut
Laurie Martin is deputy chief investment officer for Connecticuts $30 billion Connecticut Retirement Plans and Trust Funds, state Treasurer Denise Nappier announced.
October 12 -
ConnecticutHartford, Conn., Mayor Luke Bronin called his city's four-notch downgrade to junk by Moody's "a sober assessment" of the city's fiscal state.
October 11 - Pennsylvania
Pennsylvania Treasurer Timothy Reese expects to huddle with Wells Fargo representatives soon in light of the bank's fake-accounts scandal.
October 7 -
The planned shutdown of the L subway line through Brooklyn has spawned widespread calls in New York to spend capital dollars on alternative transportation.
October 6 -
PennsylvaniaPennsylvania Gov. Tom Wolf, while dodging specifics, said he and legislative leaders are working on a local pension overhaul package.
October 6 -
PennsylvaniaPennsylvania's local pension funding problem requires a comprehensive state-level fix, said state Auditor General Eugene DePasquale.
October 5 -
Rhode Island Commerce Corp. plans a negotiated sale of $250 million in Series 2016B state Department of Transportation grant anticipation bonds.
October 4 -
The Port Authority of New York and New Jersey is plotting a return to its transportation roots, though unraveling its real estate tangle may be difficult.
September 30 -
New YorkNew York City and Connecticut officials became the latest to take aim at Wells Fargo as the bank's fake-accounts scandal resonates through the municipal bond world.
September 29 -
The board of New York's MTA approved its new rotation of bond underwriters while holding off on the application of Wells Fargo Securities.
September 28 -
Rhode IslandRhode Island Treasurer Seth Magaziner's new investment strategy will trim the state's exposure to hedge funds by more than half.
September 28 -
New York MTA intends to market five subseries of floating rate securities totaling $242 million and also refund $500 million of transportation revenue bonds in October.
September 27 -
New York MTA has put business with Wells Fargo Securities and approval as a senior manager for bond transactions on hold pending its review of the banks practices, following revelations that Wells Fargo bank employees secretly created accounts without clients approval
September 26 -
A school funding case adds another layer of financial uncertainty for the beleaguered state government.
September 23 - New York
The New York City Housing Development Corp. board approved the appointment of Eric Enderlin as president.
September 23
