Former Atlantic City Mayor Donald Guardian delves into his four years trying to turnaround a struggling gambling hub that nearly defaulted and his clashes with then New Jersey Gov. Chris Christie prior to a state takeover taking effect in late 2016. Andrew Coen hosts.
The state has agreed to pay off Hartford's general obligation debt — about $550 million over the next two decades or so — as part of the bailout promised to the city under the most recent state budget.
The U.S. Virgin Islands’ current financial woes are discussed with Fitch Ratings Senior Director Marcy Block. She says the government’s recent actions have helped it in the short-term but haven’t adequately addressed its long-term problems. Hosted by Robert Slavin.
Central Falls Mayor Jim Diossa trumpets his formerly bankrupt city's rise to investment-grade status, and compares the tiny Rhode Island city with other distressed issuers including Detroit, Puerto Rico and Illinois. Hosted by Paul Burton.
When Congress passed the PROMESA last summer, it created a roadmap to address the island’s $70 billion debt crisis and revitalize its economy. The impact of the law now bears watching for millions of Americans living in debt-ridden municipalities and states.