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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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 - New York
Moody's Investors Service issued an action plan for public finance issuers affected by Hurricane Sandy.
By Paul BurtonNovember 2 -
Regular weekday commuter rail service has returned to the Metro-North Railroad's New Haven line.
By Paul BurtonNovember 2 - New York
New York State Comptroller Thomas DiNapoli on Friday projected the state's economic damage from Hurricane Sandy could exceed $18 billion.
By Paul BurtonNovember 2 -
Rhode Island is suing the owner of failed video-game company 38 Studios over a $75 million loan guarantee the state's economic commission provided the company.
By Paul BurtonNovember 1 -
Hurricane Sandy left the best laid capital plans of New York-area transportation agencies in shambles, hitting the Metropolitan Transportation Agency the hardest, flooding tunnels, subway lines and rendering most rail services in New York and New Jersey inoperable.
By Paul BurtonOctober 31
