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.”
- Massachusetts
The Massachusetts Gaming Commission disqualified the owners of Plainridge Racecourse from applying for the state's single slots-parlor license.
By Paul BurtonAugust 6 -
The fight to keep tax-exemption poses the greatest challenge to state and local bond issuers in three decades, Citigroup's George Friedlander said at The Bond Buyer conference in Boston.
By Paul BurtonAugust 2 -
Harrisburg, Pa., receiver William Lynch denies that Detroit's bankruptcy filing had anything to do with creditors in Pennsylvania's capital moving toward a consensus.
By Paul BurtonAugust 2 -
A Bond Buyer conference panelist questions how completely closed-end fund trades are reported to the Municipal Securities Rulemaking Board.
By Paul BurtonAugust 2 -
Pension and OPEB funding levels vary sharply by state, Federal Reserve Board senior economist Byron Lutz told a Bond Buyer conference Thursday.
By Paul BurtonAugust 1 - New York
The New York City Employees' Retirement System has reinvested $15 million in State of Israel Bonds, city Comptroller John Liu announced.
By Paul BurtonAugust 1 - New York
New York City sold $377 million of tax-exempt refunding general obligation bonds through negotiation on Tuesday.
By Paul BurtonJuly 31 -
New York's MTA has secured $200 million of insurance protection that will help pay for future repairs for storm damage to its infrastructure, the agency announced.
By Paul BurtonJuly 31 -
New York City subway and bus fares would rise by 50% by 2023 if the MTA continues with biennial 8.4% fare increases, said the Independent Budget Office.
By Paul BurtonJuly 30 - Massachusetts
Massachusetts will come to market Wednesday with its first borrowing of fiscal 2014, a $600 million competitive sale of general obligation Series E bonds.
By Paul BurtonJuly 30 - Connecticut
Connecticut's pension funds generated a preliminary investment return net of expenses of 11.5% for fiscal 2013, Treasurer Denise Nappier said.
By Paul BurtonJuly 29 - Pennsylvania
Former Pennsylvania governor and 1964 Republican presidential candidate William Scranton died Sunday in Santa Barbara, Calif. He was 96.
By Paul BurtonJuly 29 - Massachusetts
MassDevelopment received a $2.4 million federal grant to help charter schools obtain facilities under a credit enhancement program.
By Paul BurtonJuly 29 - New York
New York City's sale of general obligation bonds this week included $327 million of retail orders during a two-day period that preceded the institutional sale.
By Paul BurtonJuly 26 -
Connecticut's Bond Commission on Friday approved more than $537 million in state funds to finance transportation construction and maintenance projects.
By Paul BurtonJuly 26 - Connecticut
Connecticut Gov. Dannel Malloy announced $18 million in funding through a microgrid storm-protection pilot program designed to keep critical buildings powered during electric grid outages.
By Paul BurtonJuly 26 -
Massachusetts lawmakers overrode Gov. Deval Patrick's veto of a $500 million transportation funding bill that will raise the gasoline tax by 3 cents per gallon.
By Paul BurtonJuly 25 - New York
New York City Comptroller John Liu called on the city's embattled Housing Authority not to raise $750 million in bonds, saying it's sitting on $700 million in capital already.
By Paul BurtonJuly 25 -
Peter Ghavami received a $1 million fine and an 18-month prison sentence for his role in municipal bond bid-rigging, while a judge also fined and sentenced two other former UBS bankers.
By Paul BurtonJuly 24 - New York
New York's Metropolitan Transportation Authority is heading in the right direction with its move to issue storm-surge catastrophe bonds, according to a hurricane financing expert.
By Paul BurtonJuly 24