Far West

California's plans for a $68 billion high-speed rail system attracted Katherine Perez-Estolano, one of the state's most well-known transportation planners, to its board despite a series of issues faced by the project.

The Municipal Securities Rulemaking Board is urging reporters and members of the public to go to its EMMA online website for information on Detroit's bonds and the municipal securities market in general.

A watchdog group asked the Office of Congressional Ethics to launch an ethics investigation into a potential conflict of interest involving the David Valadao, R-Calif. on legislation aimed at killing California's high-speed rail project.

The Securities and Exchange Commission's recent enforcement action against Miami, Fla. signals the commission's seriousness about both upholding prior cease and desist orders and holding public officials accountable, market participants said.

The Alaska Student Loan Corporation is challenging the Internal Revenue Service's decision that $529.1 million of education loan revenue bonds are not tax exempt.

Standard & Poor's analysts lauded Hawaii for passing laws to prefund retirement liabilities, but also cautioned that the changes might be harder to maintain during lean economic years.

A California state judge denied the state's motion to dismiss a lawsuit over its cancelled deal to sell 11 state-owned buildings to private investors.

Gonzaga University postponed a $47.5 million taxable revenue bond deal saying it plans to wait for market conditions to firm.

Oregon received the highest short-term ratings from the credit rating agencies ahead of its $643 million tax anticipation notes sale next week.

San Diego Mayor Bob Filner's former communications director filed a sexual harassment lawsuit against the city evoking bipartisan calls of resignation from two city councilmembers.