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.”
-
S&P Global Ratings said revenues are not increasing to match the New York regional transit agency's expenses.
March 12 -
Council Speaker Corey Johnson spelled out several conditions for such an increase to MTA Chairman Joe Lhota.
March 8 -
The declaration could expedite contracting for repairs at NYCHA units through limited city use of design-build project delivery.
March 8 -
While Gov. Dannel Malloy and lawmakers study recommendations from a state panel, Nuveen warned that the state’s bond rating could plummet further.
March 7 -
Mayor Ed Pawlowski has not resigned, as Pennsylvania Gov. Tom Wolf and others have requested.
March 7 -
The transaction will mark the university’s first new-money series for this credit in 16 years.
March 6 -
Enrollment pressures are manageable while pension costs should stabilize long-term, Fitch Ratings said.
March 6 -
Pittsburgh, whose bonds were junk in 2003, has become a national model for urban rejuvenation.
March 2 -
Diminished Washington aid and a pending downturn require prudence, the city's comptroller said.
March 1 -
“We’re getting our ass kicked," the Gov. Dannel Malloy said, pitching a widening of the state's most congested highway.
March 1 -
"We have to find new solutions," said Partnership for New York president Kathryn Wylde.
February 28 -
Connecticut Treasurer Denise Nappier told lawmakers that Gov. Dannel Malloy's plan to push out payments would violate a bond covenant.
February 26 -
The firm announced a $10 million investment and landed California, the muni market's largest issuer, as a client.
February 22 -
The new chief of the MTA's headline unit must juggle his vision for the agency with crisis management.
February 22 -
Inaction, significant new debt and failure to control labor costs and other cost drivers could pose major bondholder risks, says a Gurtin report.
February 20 -
New York City Council member Robert Cornegy Jr. called the city administration's management of public housing incompetent.
February 15 -
Working amid uncertainty in the equity and fixed-income markets, the Connecticut Housing Finance Authority held an oversubscribed fixed-rate bond sale.
February 14 -
Mayor Bill de Blasio’s $88.7 billion preliminary budget faces tougher scrutiny with Corey Johnson as City Council speaker.
February 13 -
The commonwealth, in the face of a lawsuit and against a backdrop of budget stride, intends to proceed with its $1.4 billion sale.
February 12 -
Gross city product rose only 1.2% in the fourth quarter. according to the city's comptroller.
February 9
