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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The City Council in distressed Scranton, Pa., tabled a contract with Standard Parking to manage city meters, citing concerns over fees and revenue projections.
February 8 -
Massachusetts' pension fund returned nearly 14% in 2012 and exceeded its benchmark by 84 basis points, its board reported.
February 7 -
Connecticut Gov. Dannel Malloy's two-year, $21.5 billion budget includes $1.8 billion worth of capital funds and a bioscience initiative for UConn.
February 6 - New York
New York City Comptroller John Liu wants an investigation of a multimillion dollar tech contract, saying a city agency is stonewalling an audit his office began.
February 6 -
Moody's revised its outlook for West Penn Allegheny Health System bonds to developing from negative as it monitors an affiliation agreement with Highmark.
February 6 - Pennsylvania
Gov. Tom Corbett, in his address to Pennsylvania's legislature, unveiled a pension overhaul plan that he said would deal with $41 billion in unfunded liability.
February 5 - New York
New York City Comptroller John Liu and the New York City Pension Funds want Exxon Mobil Corp. to quantify its safety efforts regarding fracking operations.
February 5 -
PFM Group has hired Damon Lee for its New York office as it continues to expand its practice in the challenging and changing health-care sector.
February 4 - Pennsylvania
Altoona, Pa.'s City Council will consider scheduling a referendum on whether to create a government study commission, one recommendation in its recovery plan.
February 1 - Connecticut
Sen. Scott Frantz, R-Greenwich, the newest member of the Connecticut Bond Commission, wasted no time grilling Gov. Dannel Malloy about long-term debt.
February 1 - New York
Public finance officials and municipal bond analysts recalled Ed Koch, who died Friday at 88, as a passionate mayor who ran New York City as it emerged from the fiscal abyss.
February 1 -
Connecticut again weighs restoring highway tolls amid budgetary struggles, a raided lockbox transportation fund and less available federal money down the road.
February 1 - Pennsylvania
Renewing efforts to privatize Pennsylvania's state-owned liquor stores, Gov. Tom Corbett announced a plan to sell the system and raise $1 billion for schools.
January 30 -
New York's Metropolitan Transportation Authority must consider the age of its subway system and a strained budget when considering technical enhancements, officials said.
January 30 -
New York's MTA said it saved $310 million by terminating three leveraged lease agreements that exposed itself to downgraded bond insurer Assured Guaranty.
January 30 - Rhode Island
Pension overhaul revived investor confidence in Rhode Island, said Treasurer Gina Raimondo, who cited positives in the state's two bond offerings in 2012.
January 29 -
Yale-New Haven Hospital is scheduled to come to market Thursday with a $232 million sale of revenue bonds in three series. Barclays is lead manager.
January 29 -
New York's Metropolitan Transportation Authority achieved about $1 billion in present-value savings from its 2012 refundings, according to officials.
January 29 -
Officials at New York's Metropolitan Transportation Authority are studying the use of technology to minimize subway commuter deaths, but admit it won't come cheap.
January 28 -
Former Boston Red Sox pitcher Curt Schilling intends to sell the famous bloody sock he wore during a 2004 playoff game at New York's Yankee Stadium to appease creditors of his defunct video-game company.
January 25
