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.”
- Pennsylvania
Pennsylvania and Camelot Global Services mutually agreed to extend the firm's bid for private management of the state lottery, to Jan. 10 from Dec. 31.
By Paul BurtonJanuary 4 - Massachusetts
State Treasurer Steven Grossman announced that the recently completed eBay auction his office's Unclaimed Property Division conducted has generated a record-setting $544,552 in revenue for the commonwealth's general fund.
By Paul BurtonJanuary 4 - Massachusetts
Lt. Gov. Timothy Murray joined Energy and Environmental Affairs Secretary Rick Sullivan to award $504,117 in grants to seven nonprofit organizations to preserve 212 acres of open space.
By Paul BurtonJanuary 4 - Connecticut
Gov. Dannel Malloy announced awards of more than $9 million in Open Space and Watershed Land Acquisition grants for 35 communities.
By Paul BurtonJanuary 4 -
Adrian Scott-Jones, a government witness who perjured himself at a federal courtroom in April, received 18 months for his role in the muni bond bid-rigging case.
By Paul BurtonJanuary 3 -
West Penn Allegheny Health System has 30 days to post its audited financial report for the 2012 fiscal year to avoid default on its $726 million bond issue.
By Paul BurtonJanuary 3 - New York
New York City Comptroller John Liu named Maria Tavares deputy comptroller for accountancy. She is a 15-year veteran of the comptroller's office.
By Paul BurtonJanuary 2 -
Pennsylvania State Sen. Mike Folmer plans to introduce a legislative package to deal with issues related to capital city Harrisburg's debt crisis.
By Paul BurtonDecember 31 - New York
The underwriter groups New York City and its financing authorities chose last week included a high number of minority- and women-owned business enterprises.
By Paul BurtonDecember 31 - Rhode Island
The challenge to Rhode Island's pension overhaul law, for now, is in the hands of an independent federal mediation agency.
By Paul BurtonDecember 30 -
Gov. Lincoln Chafee appointed John "J.R." Pagliarini chief of staff to the Rhode Island Economic Development Corp., the agency under fire over its $75 million loan guarantee to 38 Studios.
By Paul BurtonDecember 28 -
Highmark and West Penn Allegheny Health System poached a group of five obstetricians and gynecologists previously affiliated with the University of Pittsburgh Medical Center.
By Paul BurtonDecember 28 -
The Massachusetts Bay Transportation Authority is considering an anticrash system for its streetcars, but would have to pay around $700 million and take nine years to implement it.
By Paul BurtonDecember 28 - New York
Huge challenges remain for New York City as uncertainty hovers over labor settlements and the lingering costs of Sandy, said the city's Independent Budget Office.
By Paul BurtonDecember 27 - Connecticut
Gov. Dannel Malloy signed a deficit-mitigation bill that Connecticut's legislature passed in a special session last week to help plug a $365 million hole.
By Paul BurtonDecember 26 - New York
Standard & Poor's lowered its rating on $700 million of Queens Ballpark bonds, used to build the New York Mets' Citi Field, one notch to BB partly because of concerns the team will continue to lose.
By Paul BurtonDecember 26 -
Highmark, Inc. and state lawmakers are pushing the Pennsylvania Insurance Department to step up its review of the West Penn Allegheny Health System affiliation, but the agency wants more details.
By Paul BurtonDecember 24 - New York
New York City and two of its financing authorities have announced the selection of underwriting syndicates, following a request-for-proposals process.
By Paul BurtonDecember 24 -
Providence's agreement with police unions for pension benefit reductions is a credit positive for Rhode Island's struggling capital city, according to Moody's.
By Paul BurtonDecember 21 -
Joe Lhota's departure as New York MTA chairman creates uncertainty at one of the largest issuers in the municipal marketplace as it confronts problems that include high turnover in its top job.
By Paul BurtonDecember 21
