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Talks between original holders and a law firm over potential securities fraud litigation did not pan out, and trustee UMB NA has canceled all the bonds.
June 14 -
Natalie Cohen of The Public Purse and John Mousseau of Cumberland Advisors take a deep dive into what’s happening in Reedy Creek in the wake of the Florida battle between Gov. Ron DeSantis and the Disney Co. Is it a portent of things to come or just a tempest in a teapot? Chip Barnett hosts the podcast recorded June 9. (33 minutes)
June 14 -
The departure comes amid Spanish reports that financing for what aims to be the nation's first bullet train is "in hibernation."
June 14 -
The 25-basis-point move to higher yields is the largest one-day change in triple-As since March 2020 when COVID began roiling markets. Munis could not ignore a continued selloff in UST led by inflation and recession concerns.
June 13 -
Shortly after New Jersey state lawmaker Shama Haider introduced a bill to strengthen cybersecurity defenses, her own town of Tenafly faced a ransomware attack.
June 13 -
Phil Culpepper brings his experience as a public finance banker and Illinois' former debt manager to the table at the fully veteran-owned firm.
June 13 -
Analysts uncertain about the timing and cost savings as FAFAA names syndicate for possible refunding.
June 13 -
Negotiations over a new home for the Coyotes and related multi-use development are underway in Tempe after the team was exiled from nearby Glendale.
June 13 -
The Oklahoma Turnpike Authority took action on Thursday to head to the state Supreme Court to validate $5 billion of planned bond issuance.
June 13 -
The final budget sets aside about $8.3 billion in budget reserves, which bring them to the highest level in the city's history.
June 10















