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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Alan Kennedy-Shaffer won his battle with Gov. Tom Corbett’s administration to continue leading community group Harrisburg Hope while working as a state attorney.
By Paul BurtonNovember 30 - New York
Metropolitan Transportation Authority Chairman Joseph Lhota deflected speculation about his viability as a mayoral candidate after leading the MTA through Hurricane Sandy.
By Paul BurtonNovember 30 - Pennsylvania
Standard & Poor’s raised its general obligation bond rating of Lynn, Mass. to A from A-minus.
By Paul BurtonNovember 30 - New York
New York City Comptroller John Liu called for "green apple" bonds to rid public school light fixtures of PCBs by 2015; he said the city would save $339 million.
By Paul BurtonNovember 30 -
West Penn Allegheny Health System revealed that the Securities and Exchange Commission may sue it over accounting discrepancies.
By Paul BurtonNovember 30 - Pennsylvania
Distressed Scranton, Pa.'s proposed $110 million budget represents a 29% increase, and comes as a county court is set to rule on whether it can impose a commuter tax.
By Paul BurtonNovember 30 - Connecticut
Connecticut's Office of Policy and Management has announced $170 million in cuts, amounting to half its estimated shortfall for the current fiscal year.
By Paul BurtonNovember 29 - New York
The New York City Municipal Water Finance Authority has planned a $435 million sale of new money bonds on Tuesday, after a one-day retail order period.
By Paul BurtonNovember 29 -
Battered by Hurricane Sandy, New York's Metropolitan Transportation Authority may be on the hook for an estimated $950 million, even after reimbursements.
By Paul BurtonNovember 28 -
Moody's has placed New York University Hospitals Center's A3 bond rating under review, after the continued closure of Tisch Hospital following Hurricane Sandy.
By Paul BurtonNovember 21 - New York
New York City Comptroller John Liu said an audit of the city’s Department of Environmental Protection’s Bowery Bay water pollution control project in Queens determined that a consultant’s design errors and omissions had cost the city an extra $6.6 million, but the agency made little or no effort to recoup the money for the city.
By Paul BurtonNovember 21 - New York
The New York City Transitional Finance Authority sold $914.8 million of subordinate fixed-rate bonds on Thursday.
By Paul BurtonNovember 21 -
The University of Connecticut on Tuesday issued $88 million of UConn2000 Series 2012A special obligation student fee revenue refunding bonds, with an all-in true interest cost of 2.48%.
By Paul BurtonNovember 21 - New York
Will the proposed tourist ferris wheel for Staten Island be a game-changer for New York City's forgotten borough, or are officials spinning their wheels?
By Paul BurtonNovember 21 - Connecticut
A report by asset manager Conning that placed Connecticut last among the 50 states in credit quality has state Treasurer Denise Nappier up in arms.
By Paul BurtonNovember 19 - New Jersey
Hurricane Sandy raised awareness about the need to better fortify the New York City region. What is not clear is the best way to do that, or to pay for it.
By Paul BurtonNovember 16 -
The University of Connecticut will go to market with a $90 million sale of Series 2012A refunding special obligation student fee revenue bonds.
By Paul BurtonNovember 16 -
Standard & Poor's raised its rating on Central Falls, R.I.'s general obligation debt to BB from C. The outlook is stable.
By Paul BurtonNovember 16 - New York
Moody's Investors Service revised its outlook to stable from negative and affirmed the Ba1 rating of Queens Ballpark Co. LLC, developer of the New York Mets' Citi Field.
By Paul BurtonNovember 16 - Massachusetts
Massachusetts Treasurer Steven Grossman wrote U.S. Senators Harry Reid, D-Nevada, and Jon Kyl, R-Ariz., to oppose legislation that would limit states' control of online gambling within their borders.
By Paul BurtonNovember 16
