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.”
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Harrisburg, Pa., made a $4.7 million general obligation bond payment, its first such payment in three years.
March 13 -
Federal Judge Kimba Wood, who imposed $5.6 million in fines and restitution on municipal bond bid-rigger David Rubin, called prison unwarranted for the founder of CDR Financial Products.
March 13 -
A federal judge sentenced CDR Financial Products Inc. founder David Rubin to two years' probation and ordered him to pay a combined $5.65 million in fines and restitution for his role in rigging bids for municipal bond contracts.
March 12 - New York
Spending hikes in New York City's proposed $12.8 billion five-year school; capital plan hinge on a statewide bond referendum, the Independent Budget Office said.
March 12 - Pennsylvania
Scranton, Pa., zoning officer and 2013 Democratic mayoral candidate Joseph Cardamone died. He was 62.
March 12 - Massachusetts
Michael McGirr and Erin McCafferty will join the Massachusetts Pension Reserves Investment Management private equity team.
March 11 -
New YorkThe potential cost of labor negotiations casts a shadow of uncertainty on New York City finances, said a report by state Comptroller Thomas DiNapoli.
March 11 -
New YorkNew York City's crumbling infrastructure, if left unchecked, could "wreak havoc" on its economy, said a report that called for a $47 billion investment merely for repair and replacement.
March 11 -
The attorney representing a Rhode Island agency in the lawsuit against failed video-game company 38 Studios denied a state senator's request for exhibits.
March 10 - Connecticut
Connecticut will begin a two-day retail period Tuesday for its $400 million general obligation bond sale,which will include $100 million of SIFMA index bonds.
March 10 - New York
New York City Comptroller Scott Stringer named former DASNY operative Carra Wallace to the new position of chief diversity officer.
March 7 -
Market observers say no Detroit scenarios are on the Northeast municipal finance horizon and some situations have improved, notably in Pennsylvania and Rhode Island
March 7 -
The sentencing of municipal bond bid-rigger David Rubin has been postponed to 3:30 p.m. March 12.
March 7 - New York
New York City priced $950 million of general obligation bonds on March 5, and expects to price $100 million of tax-exempt variable-rate demand bonds later in March.
March 6 -
Harrisburg University, in Pennsylvania's distressed capital, missed a $1.8 million bond payment on revenue bonds, according to a securities filing.
March 5 -
New York's MTA made a formal request for a second federal presidential emergency board to help Long Island Rail Road reach an agreement with eight of its unions.
March 5 -
The sentencing of CDR Financial Products founder David Rubin for his role in muni bond bid-rigging has been postponed from Thursday to 11 a.m. Friday in New York.
March 5 -
New YorkNew York City should have at least a blueprint for settling expired labor contracts by the end of the fiscal year, city Comptroller Scott Stringer told a City Council committee.
March 5 - Massachusetts
Standard & Poor's, citing its local GO criteria, raised its rating on Boston's general obligation bonds to AAA from AA-plus,
March 5 -
The full Massachusetts Senate on Thursday is expected to debate a five-year transportation borrowing bill that has risen to $13.2 billion.
March 5
