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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Uncertainty related to Detroit's bankruptcy filing resonates among P3 players, according to Allen & Overy's Kent Rowey, who advises on many such deals.
By Paul BurtonDecember 11 - New York
New York City upsized its general obligation bond sale by $100 million to $800 million, with a spokesman for city Comptroller John Liu citing investor demand.
By Paul BurtonDecember 10 -
Pennsylvania's transportation bill is positive for the state and the Turnpike Commission, and could trigger a similar move to tackle pension liability, said Fitch.
By Paul BurtonDecember 9 - New York
New York City Comptroller John Liu, citing an audit that revealed unreported revenues, said Verizon has agreed to pay an extra $1.4 million in cable franchise fees.
By Paul BurtonDecember 9 -
Massachusetts Treasurer Steven Grossman announced a $265 million settlement related to a class action against the former Massey Energy, which now does business as Alpha Appalachia Holdings.
By Paul BurtonDecember 9 - Massachusetts
Law firm Greenberg Traurig LLP added Jamey Tesler as of counsel to its government law and policy practice group.
By Paul BurtonDecember 6 - New York
New York City comptroller-elect Scott Stringer will explore expanded in-house asset management of five public-employee pension funds as a means of curbing investment fees.
By Paul BurtonDecember 6 - Pennsylvania
Lehigh County Authority general manager Aurel Arndt says the award-winning water and sewer concession with Allentown, Pa., changes the face of P3 transactions.
By Paul BurtonDecember 6 -
Bank of America Corp. has agreed to settle a federal lawsuit accusing it of rigging bids for municipal bonds, according to a published report.
By Paul BurtonDecember 5 -
An internet road show next week will precede pricing for Harrisburg, Pa., parking-lease bonds, say bankers behind a deal pivotal to the city's recovery plan.
By Paul BurtonDecember 5 -
A state agency has cleared a 40-year parking lease deal that is one of two centerpiece transactions to the Harrisburg, Pa., financial recovery plan.
By Paul BurtonDecember 4 - Rhode Island
Standard & Poor's raised its unenhanced rating on North Providence, R.I.'s general obligation debt two levels to A from BBB-plus, citing new local GO criteria.
By Paul BurtonDecember 4 - New York
New York City Comptroller John Lius office wants New York's Supreme Court to access city Department of Finance tax records, while the department says the law ties its hands.
By Paul BurtonDecember 4 -
Massachusetts will hold its third annual investor conference, which Treasurer Steven Grossman touts as art of the commonwealth's enhanced investor disclosure program.
By Paul BurtonDecember 4 - New York
New York City could save $535 million in fiscal 2015 by requiring city employees and retirees to contribute to health insurance costs, the Independent Budget Office said.
By Paul BurtonDecember 4 -
The MTA, after the deadly Metro-North Railroad derailment, said it intends to fully fund and implement train-control technology, but doing so by 2015 would be hard.
By Paul BurtonDecember 3 -
Boston's MBTA will launch late-night service in the spring, said Massachusetts Gov. Deval Patrick, who found $20 million from state funding and corporate pledges.
By Paul BurtonDecember 3 - Connecticut
Connecticut's sale of special tax obligation bonds generated $173.4 million of retail orders, which Treasurer Denise Nappier said was the highest under the program.
By Paul BurtonDecember 3 - Pennsylvania
A delay in the finalizing of Harrisburg, Pa.'s $260 million parking-asset lease has also pushed back the sale of the city's incinerator to Lancaster County.
By Paul BurtonDecember 3 - Connecticut
Beth Bye will succeed Toni Harp as Senate chair of the appropriations committee, Senate President Donald Williams announced.
By Paul BurtonDecember 2









