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A judge has agreed to put Peter Cannava back into a Securities and Exchange Commission lawsuit that alleges the Wells Fargo banker aided and abetted the defrauding of investors in connection with a private placement by 38 Studios.
October 11 -
The offsetting tax cuts New Jersey lawmakers accepted to get Gov. Chris Christie to accept a gas tax increase for transportation are credit negative for state finances, according to Moodys Investors Service.
October 11 - Connecticut
Hartford, Conn., Mayor Luke Bronin called his city's four-notch downgrade to junk by Moody's "a sober assessment" of the city's fiscal state.
October 11 - Pennsylvania
Pennsylvania Treasurer Timothy Reese expects to huddle with Wells Fargo representatives soon in light of the bank's fake-accounts scandal.
October 7 -
The planned shutdown of the L subway line through Brooklyn has spawned widespread calls in New York to spend capital dollars on alternative transportation.
October 6 -
Though Atlantic City has violated a term in a $73 million state bridge loan, New Jerseys Local Finance Board wont require the struggling city to immediately repay the debt.
October 6 - Pennsylvania
Pennsylvania Gov. Tom Wolf, while dodging specifics, said he and legislative leaders are working on a local pension overhaul package.
October 6 - Pennsylvania
Pennsylvania's local pension funding problem requires a comprehensive state-level fix, said state Auditor General Eugene DePasquale.
October 5 - Pennsylvania
The Philadelphia Parking Authority is facing a probe from Pennsylvanias auditor general following multiple sexual harassment allegations.
October 5 - New York
New York State is planning $3.46 billion of fourth quarter municipal bond issuance, led by a transaction by Empire State Development Corp. .
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