Finance

Adam Andrzejewski, founder and CEO OpenTheBooks.com, talks about how his database of public spending could make governments more accountable. Andrzejewski ran for governor in Illinois, which he calls the “Super Bowl of corruption.” He cites outlandish salaries, waste at the federal level, and “compensation buckets” at the Port Authority of New York and New Jersey. Hosted by Paul Burton.

Top quality municipal bonds were weaker at mid-session, according to traders, as the last big supply of the week started to hit the market on Thursday.

Municipal bond traders are set for the last big supply of the week to hit the market on Thursday.

The University of Illinois and Illinois State University were downgraded by S&P Global Ratings.

Top-rated municipal bonds finished flat on Wednesday as the city of Chicago retuned to the market with a new water deal.

The director of the Hawaii Green Infrastructure Authority is trying to put its bond money to work.

Barclays is bolstering its Chicago team with three banking additions at the expense of Bank of America Merrill Lynch.

JPMorgan is Chicago Public Schools' choice for the direct placement of $396.5 million of notes.

Municipal bonds were mixed at mid-session as traders awaited the return of the Windy City to the new issue sector.

S&P Global Ratings revised its outlook to negative from stable on Syracuse, N.Y.'s outstanding general obligation (GO) bonds and Syracuse Industrial Development Agency's (IDA) parking facility revenue bonds, excluding the GO bonds secured by the New York State Aid Intercept Program.

Municipal bond traders will see the return of the Windy City to the new issue sector as they offer a water deal one day after coming to market with a wastewater deal.

The city of Chicago’s wastewater deal received a warm reception in a strengthening municipal market on Tuesday. as the first of the week’s supply was priced.

S&P Global Ratings said it may adjust certain ratings based on each insurer's "competitive strengths or weaknesses relative to its peers.”

Two Chicago pension funds could become insolvent sooner than projected.

Municipal bonds were stronger at midday as the first of the week’s new issue supply hit the screens.

New York City's housing agency authorized $564 million in bonds.

Robert D. Gordon joins the law firm of Jenner & Block as a partner in its restructuring and bankruptcy practice. He will be based in New York City.

Municipal bond traders are set to see then first of the week’s new issue supply hit the screens on Tuesday.

Municipal bonds ended unchanged on Monday, according to traders, who were looking ahead to the week’s new issue slate.

Chicago is offering stronger rated utility-backed bonds but like its GO they face credit strain from pensions.