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 York
The New York City Municipal Water Finance Authority intends to sell $502.2 million of fiscal 2012 Series EE second resolution, fixed-rate, tax-exempt bonds on Tuesday.
By Paul BurtonMarch 5 - New York
The New York Mets' owners must pay as much as $83.3 million to a trustee in advance of a trial to determine the team's level of involvement in the Bernard Madoff Ponzi scheme.
By Paul BurtonMarch 5 -
New York's Metropolitan Transportation Authority will go to market armed with a creative tool: the floating-rate note.
By Paul BurtonMarch 2 - Connecticut
Connecticut will end fiscal 2012 with a general fund deficit of $20.7 million, according to Comptroller Kevin Lembo.
By Paul BurtonMarch 2 - Rhode Island
Rhode Island General Treasurer Gina Raimondo scheduled regional meetings designed to educate public employees about how the Rhode Island Retirement Security Act of 2011 will affect their retirement eligibility and pension benefits, as well as extended hours for retirement counselors.
By Paul BurtonMarch 2 - Pennsylvania
Financially distressed Harrisburg, Pa., plans an eight-day auction of Wild West artifacts in mid-July, Mayor Linda Thompson announced.
By Paul BurtonMarch 2 -
The Nassau Off-Track Betting Corp. has agreed to pay harness horse-racing tracks to settle a long-running, multimillion-dollar lawsuit.
By Paul BurtonMarch 2 - New York
Todd Miles joined law firm Harris Beach as a partner in the public finance and economic development practice group along with the municipalities and quasi-governmental agencies team.
By Paul BurtonMarch 2 -
Moody’s Investors Service affirmed Simmons College’s Baa1 rating, and revised its rating outlook for the Massachusetts institution to positive from stable. The move affects about $182 million in debt.
By Paul BurtonMarch 2 -
When the Pennsylvania Economic Development Authority issued $107 million of debt in January to bail out defaulted bonds in connection with the 10-story Forum Place office building in Harrisburg, critics called it another incinerator-type fiasco in Pennsylvania's capital city.
By Paul BurtonMarch 1 -
Rhode Island General Treasurer Gina Raimondo said allegations that she fired an employee — who is also a Providence city councilman — because of a column he wrote about pension overhaul are “absolutely untrue.”
By Paul BurtonMarch 1 -
The chairman and chief executive of New York's Metropolitan Transportation Authority said the timing is ideal for two bond sales in March, including a $400 million offering next week.
By Paul BurtonFebruary 29 -
The executive director of the Port Authority of New York and New Jersey said an audit report that upbraided the bistate agency is an effective wakeup call.
By Paul BurtonFebruary 28 - New York
New York Gov. Andrew Cuomo is leaning on lawmakers to pass a pension overhaul package that he says would save the state $113 billion over 30 years.
By Paul BurtonFebruary 28 -
The attorney representing Harrisburg, Pa.'s City Council in its bankruptcy filing has filed another appeal of the rejection of its Chapter 9 case.
By Paul BurtonFebruary 27 -
The State Investment Commission unanimously voted to select TIAA-Cref of New York as the vendor to administer Rhode Island's new defined contribution program, General Treasurer Gina Raimondo announced Monday.
By Paul BurtonFebruary 27 -
Detractors say the Port Authority of New York and New Jersey is too big and secretive, overcharges commuters, carries way too much debt, and shouldn't run point for the World Trade Center redevelopment.
By Paul BurtonFebruary 24 - Rhode Island
Providence retirees could face a 73% haircut on their pension benefits if Rhode Island’s capital city files for Chapter 9 protection, a bankruptcy expert says.
By Paul BurtonFebruary 24 - Pennsylvania
The Harrisburg Authority public-works agency has authorized chairman Marc Kurowski and interim executive director Shannon Williams to explore selling authority-owned historical artifacts through the same auction house that is selling similar items the city of Harrisburg, Pa., owns, the Patriot-News reported.
By Paul BurtonFebruary 24 - New York
Long Beach, N.Y.’s declaration of fiscal crisis, giving its new city manager broader powers, is a credit positive, said Moody’s Investors Service.
By Paul BurtonFebruary 24



