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 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 -
Harrisburg's former receiver wants a special prosecutor to probe the incinerator bond deals that left Pennsylvania's capital more than $340 million in the hole.
By Paul BurtonNovember 14 - Pennsylvania
Retail pricing began for the Pennsylvania Housing Finance Agency's $230 million sale of mortgage revenue bonds. The institutional sale will be Thursday.
By Paul BurtonNovember 14 -
Moody's downgraded to Ca from Caa1 the bond rating of West Penn Allegheny Health System, which is embroiled in a messy merger battle with Highmark.
By Paul BurtonNovember 13 - New York
Mayor Michael Bloomberg and other New York City leaders announced a $500 million emergency plan to make critical repairs to public schools and hospitals damaged by Hurricane Sandy.
By Paul BurtonNovember 13 - Pennsylvania
City officials, workout consultants and industry leaders asked a Pennsylvania agency to let the city of Pittsburgh exit its recovery plan and the distressed label that goes with it.
By Paul BurtonNovember 12 -
A judge on Friday granted Highmark's motion for a preliminary injunction against West Penn Allegheny Health System, blocking the speculative-rated health system from seeking other suitors for an affiliation.
By Paul BurtonNovember 9 -
Hurricane Sandy gave New York's Metropolitan Transit Authority a harsh wake-up call about the need to fix infrastructure in the face of climate change.
By Paul BurtonNovember 9 - Rhode Island
City Council member James Diossa and former police Chief James Moran advanced in a five-way special nonpartisan mayoral primary in recently bankrupt Central Falls, R.I.
By Paul BurtonNovember 9 -
A federal judge will sentence David Dodd on felony counts related to the failed Capitol View Commerce Center project in Harrisburg, Pa.
By Paul BurtonNovember 9 -
The MTA's Triborough Bridge and Tunnel Authority should be able to absorb revenue losses from Hurricane Sandy closures, said Moody's, though liquidity could be further squeezed.
By Paul BurtonNovember 8 -
New York's MTA, restoring its subway and commuter rail systems after Hurricane Sandy's damage, will continue its flurry of bond activity this week.
By Paul BurtonNovember 6 - Massachusetts
Massachusetts ended its fiscal year with a $116 million surplus and boosted its rainy-day fund by 20%, to $1.7 billion. Its balance is the third-highest.
By Paul BurtonNovember 6 -
Pittsburgh officials say they have come so far from their basket-case days of nine years ago that they want a state agency to remove the "distressed" tag.
By Paul BurtonNovember 5 -
The Scranton, Pa., City Council introduced proposals to increase in the real estate transfer, business privilege and mercantile taxes for 2013.
By Paul BurtonNovember 2 -
Harrisburg's state-appointed receiver insists that selling the parking garages in Pennsylvania's capital city is still a better option than keeping them and using their revenue to pay down incinerator-related debt.
By Paul BurtonNovember 2
