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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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 - Rhode Island
Gov. Lincoln Chafee signed legislation letting Rhode Island cities and towns own their streetlights and maintain them as a cost-controlling measure.
July 16 - Massachusetts
Sam Gill joined Edwards Wildman Palmer as a Boston-based public finance associate, the law firm announced. He arrives from Andrews Kurth in Houston.
July 16 - New York
New York City plans to price a $635 million sale of general obligation bonds, beginning with a two-day order period on July 22.
July 15 - Massachusetts
MassDevelopment, the finance and development arm of Massachusetts, has won the 2013 award for excellence from the Council of Development Finance Agencies.
July 15 -
Moody's Investors Service on Friday downgraded Yeshiva University's rating to Baa1 from A2, and said it would review the university for further downgrade.
July 12
