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
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.
July 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.
July 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.
July 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.
July 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.
July 24 -
A deal to sell the Harrisburg incinerator, the focal point of the debt crisis in Pennsylvania's capital, is imminent, the city's state-appointed receiver said.
July 24 -
A federal judge sentencing three former UBS bankers convicted of muni bond bid-rigging said they might receive prison terms similar to three other defendants.
July 23 -
Transit officials from several New York City-area agencies are talking about a new Penn Station by 2035, but that's far too late for Charles Moerdler.
July 22 - Pennsylvania
Standard & Poor's on Monday assigned an A rating and stable outlook to the Lehigh County Authority's $291.5 million bond issue to fund its Allentown water lease deal.
July 22 -
New York's MTA said Monday it would spend $18 million to restore and improve service on subways, buses and commuter trains that it cut sharply three years ago.
July 22 - New York
State Street Bank will succeed Bank of New York Mellon as master custodian for New York City's $137 billion pension system, Comptroller John Liu announced.
July 19 -
Gov. Deval Patrick promised to veto an $800 million transportation bill the Massachusetts legislature passed, but lawmakers are in position to override it.
July 19 -
As Detroit filed for bankruptcy, formerly bankrupt Central Falls, R.I. received an upgrade from Moody's Investors Service to B1 from B2.
July 19 - New York
The Bronx and Queens are each exploring a soccer-only stadium for a planned Major League Soccer expansion franchise.
July 19 - Pennsylvania
Leslie Gromis Baker will succeed Stephen Aichele as Tom Corbett's chief of staff, the Pennsylvania governor announced.
July 19 -
Moody's upgraded the rating of former bankrupt city Central Falls, R.I., to B1 from B2, affecting $13.7 million in outstanding general obligation bonds.
July 19 -
The trustee for Rhode Island's Central Falls Detention Facility Corp. has again tapped into the reserve fund related to Wyatt Center bonds.
July 18 -
PennsylvaniaFitch's downgrade of Pennsylvania GO bonds was hardly news to state budget officials who warned of such action if pension overhaul remained in gridlock.
July 17 - Connecticut
Gov. Dannel Malloy appointed Michael Cantor of Cantor Colburn to serve as chairman of Connecticut Innovations, a high-tech oriented quasi-public agency.
July 17 - Pennsylvania
Pennsylvania's struggling capital, Harrisburg, has received state funding toward two local infrastructure projects, state Sen. Rob Teplitz announced.
July 16
