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.”
- New York
The New York City Pension Funds have reached agreements with Capital One, Citigroup and Wells Fargo to expand clawback policies, Comptroller John Liu announced.
March 14 -
Pennsylvania filed criminal charges against a former state senator and several former Turnpike officials with using pay-to-play schemes that include bond underwriter PNC Captial Markets.
March 13 -
While it continues to assess less visible Hurricane Sandy damage, New York's MTA must move quickly on initial repair work, according to federal guidelines.
March 13 -
The company that operates parking garages at Yankee Stadium and is staring at about $240 million of debt has hired bankruptcy counsel, according to a regulatory filing.
March 13 -
A Rhode Island judge removed a major hurdle to pension overhaul in Providence by calling a deal with police and fire retirees "fair, adequate and reasonable."
March 12 -
To no surprise in the bond markets, teetering Harrisburg, Pa., will miss $5.2 million worth of payments on general obligation bonds and notes due March 15.
March 11 -
The finance committee of New York's MTA approved up to $1.7 billion of transportation revenue bonds and Triborough Bridge bonds for capital projects.
March 11 -
The state-appointed budget commission that oversees finances in East Providence, R.I., will conclude its work this month because the city's financial condition is better.
March 11 - Pennsylvania
Pennsylvania Education Secretary Ron Tomalis expects to act by Tuesday on a request to delay a financial recovery proposal for Harrisburg's school district.
March 8 -
Massachusetts Gov. Deval Patrick's far-reaching transportation funding overhaul proposal would restructure the state tax system in an effort to add new transit service and bring older systems up to date.
March 8 -
Moody's put the Ba2 rating of Good Samaritan Hospital under review, a week after Standard & Poor's downgraded the Lebanon, Pa., system three notches to B-plus.
March 8 -
Democrat and former city community development director Joseph Caramone joined the open-seat race for mayor in distressed Scranton, Pa.
March 8 - Rhode Island
Rhode Island General Treasurer Gina Raimondo shared best practices with local government finance professionals and raised awareness about pooling financial resources.
March 8 -
Connecticut's Bond Commission will vote on more than $37 million in capital improvement projects for community colleges at its special meeting.
March 8 -
The cost of the East Side Access project to bring Long Island Rail Road service to Grand Central Terminal in New York City could cost nearly $9 billion when completed in 2019, New York State Comptroller Thomas DiNapoli said in a report Wednesday.
March 6 - Pennsylvania
Although controversy surrounds Pittsburgh Mayor Luke Ravenstahl, bond and financial analysts praise him for helping guide the city to financial recovery.
March 6 -
The SEC's whistleblower office is seeking additional details about a complaint that Scranton, Pa., misled in a bond document regarding the nature of a tax hike.
March 6 -
The University of Massachusetts Building Authority plans a $270 million bond sale to benefit capital projects at the system's five campuses statewide.
March 5 - New York
New York City's Municipal Water Finance Authority plans to sell $517 million of tax-exempt refunding bonds Tuesday, in its second issuance in two weeks.
March 5 - Rhode Island
Curt Schilling's bloody sock from a 2004 baseball playoff game sold at auction for $92,613 at auction, but Rhode Island will see no money.
March 1
