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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KidsPeace Children's Hospital of Schnecksville, Pa., looking to pare bond debt from $51.3 million to $24 million, filed a voluntary Chapter 11 bankruptcy petition.
May 31 -
Standard & Poor's revised its outlook to positive from stable and affirmed its AA long-term rating and AA/A-1-plus rating on University of Pittsburgh debt.
May 31 - Connecticut
Standard & Poor's raised its long-term rating and underlying rating on Preston, Conn.'s general obligation bonds to AA-minus from A-plus.
May 31 - Rhode Island
It's official: Rhode Island Gov. Lincoln Chafee is a Democrat. His second affiliation switch in six years could trigger an intriguing three-way primary in 2014.
May 30 - Massachusetts
Massachusetts' $1.1 billion general obligation bond sale will include $100 million "green bonds" for environmentally sensitive infrastructure projects.
May 30 - Rhode Island
Rhode Island Gov. Lincoln Chafee will join the Democratic Party on Thursday, a spokesman confirmed.
May 29 -
A federal court in Rhode Island denied a request from three communities for a temporary restraining order against tolls on the Sakonnet River Bridge.
May 29 -
New York's MTA will begin its $500 million sale of Series 2013C transportation revenue bonds with a retail order period Wednesday, with JPMorgan as lead manager.
May 28 -
Rhode Island's Pension Study Commission has summoned Coventry officials, who say they have no obligation to replenish an employee pension fund should it go broke.
May 24 - Massachusetts
Timothy Murray will resign as Massachusetts lieutenant governor to become chief executive of the Worcester Regional Chamber of Commerce, he said Wednesday.
May 22 -
Legal jousting began in Rhode Island between lawyers for the state and former Red Sox pitcher Curt Schilling's failed video-game company, 38 Studios.
May 22 -
PennsylvaniaBookstore owner Eric Papenfuse defeated incumbent Linda Thompson and city controller Dan Miller in the Democratic primary in distressed Harrisburg, Pa.
May 22 - New York
New York City is in better shape than many counterparts, but financial variables still loom and "the picture could darken quickly," the Independent Budget Office said.
May 21 -
The settlement breakdown between Burlington, Vt., and Citi over a $33.5 million lawsuit regarding a city-owned telecom is a negative for the city, said Moody's.
May 20 -
Harrisburg, Pa., Mayor Linda Thompson must overcome bad poll numbers in her re-election bid as the capital city's woes provide a Democratic primary backdrop.
May 20 - Massachusetts
The Massachusetts Water Pollution Abatement Trust realized record-low borrowing costs for two bond sales totaling $202 million, state Treasurer Steven Grossman said.
May 20 - Puerto Rico
Despite overhauling its seriously underfunded pension system, Puerto Rico still faces myriad financial roadblocks, its new governor told investors Friday.
May 17 - New York
Legacy costs, including pension contributions, retiree health benefits and debt service, will hang over the next New York City mayor like a sword of Damocles.
May 17 - Pennsylvania
Standard & Poor's has lowered its rating of Columbia County, Pa., by two notches to A-minus from A-plus.
May 17 - Connecticut
The Connecticut legislature's Finance, Revenue, and Bonding Committee tabled a bill that would have established a $500 tax credit for the individual purchase of long-term care insurance.
May 17
