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.”
-
Dauphin County, Pa., has sued for reimbursement of fees and court costs from attorney Mark Schwartz, who is appealing the rejection of the Harrisburg City Council’s bankruptcy filing.
April 20 -
Another former executive of brokerage CDR Financial Products Inc. — the third such government witness in the municipal bond bid-rigging trial in Manhattan — testified Thursday that he manipulated bids to obtain contracts for former executives of General Electric Co. subsidiaries.
April 19 -
The tale of the tape continued Wednesday in the municipal bond bid-rigging trial in Manhattan, as prosecutors, interspersing audio tapes and transcripts with bid documents, called to the stand another former employee of brokerage CDR Financial Services, seeking to establish a pattern of fraud by three former executives of General Electric Co. subsidiaries.
April 18 -
The tale of the tape continued Wednesday in the municipal bond bid-rigging trial in Manhattan, as prosecutors, interspersing audio tapes and transcripts with bid documents, called to the stand another former employee of brokerage CDR Financial Services, seeking to establish a pattern of fraud by three former executives of General Electric Co. subsidiaries.
April 18 -
A former senior vice president at brokerage CDR Financial Products Inc. faced intense questioning from both the prosecution and the defense in the second day of a municipal bond bid-rigging trial in New York.
April 17 -
The federal prosecutors in a municipal bond bid-rigging trial that began in New York accused three executives of fraud that cost cities and towns, and the IRS, millions of dollars.
April 16 -
PennsylvaniaPennsylvania plans to sell $950 million of general obligation bonds by competitive sale on Tuesday.
April 16 -
The prosecutors in a municipal bond bid-rigging trial that began in New York on Monday accused three executives of fraud that cost cities and towns, and the Internal Revenue Service millions of dollars.
April 16 -
Pennsylvania plans to sell $950 million in general obligation bonds by competitive sale on Tuesday.
April 16 - Massachusetts
Massachusetts' request for qualifications for public finance investment banking and underwriting services — its first in four years to pre-qualify banks to use in negotiated sales — has elicited widespread responses, state Treasury officials say.
April 13 -
Providence dropped retired Supreme Court Justice Robert Flanders as an advisor after he said the capital city was headed to bankruptcy court.
April 13 - New York
The New York City Transitional Finance Authority sold $900 million of future tax-secured, fixed-rate new money subordinate bonds.
April 13 -
The temporary receiver for Harrisburg still hopes Pennsylvania’s capital city can close on the sale of its troubled incinerator and other assets to raise cash by the end of June, a target his predecessor had established.
April 13 -
Pennsylvania's Senate will consider legislation enabling public-private partnerships for bridges and roads when it reconvenes April 30.
April 12 - New York
The passage of New York’s budget is a credit positive for less affluent school districts struggling to overcome constraints caused by the state’s new 2% cap on annual increases in property tax levies, Moody’s Investors Service said in a report.
April 5 - New York
New York Comptroller Thomas DiNapoli has appointed Robert Ward as deputy comptroller of budget and policy analysis.
April 5 - Massachusetts
Susan Perez is the new executive director of the Massachusetts Water Pollution Abatement Trust, state Treasurer Steven Grossman announced.
April 5 -
Suffolk County, N.Y., Executive Steve Bellone, looking to close a massive budget gap of up to $530 million, said Monday he has forged an agreement with legislators that includes changing how the eastern Long Island county pays pension benefits.
April 2 -
Former Massachusetts Treasurer and gubernatorial candidate Timothy Cahill was indicted Monday by a grand jury that alleged fraud and conspiracy connected with $1.5 million in taxpayer-financed lottery advertisements during his 2010 run for governor, state Attorney General Martha Coakley announced.
April 2 -
David Unkovic quit as the state-appointed receiver for Harrisburg, Pa., because he found himself "in an untenable position in the political and ethical crosswinds," he said in his resignation letter, which the Commonwealth Court of Pennsylvania released Monday.
April 2
