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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Providence, R.I., Mayor Angel Taveras late Wednesday afternoon announced an agreement with municipal workers and retirees that city officials say will enable Rhode Island's capital to avoid bankruptcy through cuts in pension and health care benefits.
May 30 -
MassachusettsThe Massachusetts Water Pollution Abatement Trust on Tuesday held a retail period for $242 million of state revolving fund bonds.
May 29 -
New York's Metropolitan Transportation Authority will go to market on Wednesday with a $250 million sale of Triborough Bridge and Tunnel Authority bonds after Moody's Investors Service downgraded the TBTA's bonds last week.
May 25 -
Troubles at 38 Studios, the video-game company founded by former Boston Red Sox pitcher Curt Schilling, could leave Rhode Island taxpayers with a $75 million bill through a loan guarantee — and emphasizes the risk economic development deals pose for issuers.
May 25 -
Troubles at 38 Studios, the video-game company founded by former Boston Red Sox pitcher Curt Schilling, could leave Rhode Island taxpayers with a $75 million bill through a loan guarantee — and emphasizes the risk economic development deals pose for issuers.
May 25 - New York
New York City, with an eye toward boosting parking revenues and catching up with technology, expects to issue requests for qualifications by the end of the month to privatize the operation of its parking meters.
May 24 -
The Commonwealth Court of Pennsylvania on Thursday approved Gov. Tom Corbett’s nomination of retired Major General William Lynch as receiver for distressed capital Harrisburg.
May 24 -
The Commonwealth Court of Pennsylvania will hold a confirmation hearing Thursday morning on Gov. Tom Corbett's nominee for Harrisburg receiver, retired Air Force Major Gen. William Lynch.
May 23 -
As Scranton, Pa.'s City Council and Parking Authority squabble over a $1.4 million allocation the agency says it needs to avoid default, one accountant in the city says Scranton itself should seek bankruptcy protection.
May 22 -
The estimated cost of the East Side Access for New York’s Metropolitan Transportation Authority has risen by another $1 billion and the completion date pushed back three years — at least.
May 22 -
The Rhode Island Economic Development Corp. discussed the problems of Curt Schilling’s 38 Studios LLC at a Monday night meeting in Providence, but did nothing.
May 22 - New York
New York's Metropolitan Transportation Authority will issue requests by the end of the month for two new spaces in its landmark Grand Central Terminal, targeting both for sit-down restaurants.
May 21 - Massachusetts
Massachusetts will return to the market Tuesday when it sells $350 million of general obligation bonds through competitive sale.
May 21 -
The business woes of the online video game company former star baseball pitcher Curt Schilling has founded, which appears to be unraveling faster than the 2011 Red Sox, have set off a political, media and bond-industry firestorm.
May 18 - Rhode Island
Former Rhode Island auditor general Ernest Almonte will run for governor as a Democrat in 2014, he announced.
May 18 -
The triple-A bond ratings Moody’s Investors Service and Standard & Poor’s assigned to the Massachusetts’ accelerated bridge program’s recent $419 million bond sale saved an estimated $23.5 million in overall borrowing costs, according to state officials.
May 18 -
Embattled 38 Studios LLC, the video-game company owned by Boston Red Sox pitcher Curt Schilling, made its past-due $1.125 million payment to Rhode Island on Friday, Gov, Lincoln Chafee announced.
May 18 -
New YorkNew York City will begin its $800 million sale of tax-exempt general obligation refunding bonds with a two-day retail period that starts Monday.
May 17 -
38 Studios LLC, the embattled video-game company founded by former Boston Red Sox pitcher Curt Schilling, was on the verge of making its past-due $1.1 million payment to the Rhode Island Economic Development Corp., Gov. Lincoln Chafee's office said late Thursday afternoon.
May 17 - Connecticut
Gov. Dannel Malloy and Comptroller Kevin Lembo on Thursday announced a reduction of roughly $13.3 billion in Connecticut’s future unfunded state employee and retiree health care liabilities, according to a finalized actuarial report.
May 17
