Legislators in Alabama’s Jefferson County on Wednesday voted 4 to 1 to file for bankruptcy court protection and thereby put in motion what could be the biggest municipal bankruptcy in…
Reports from Bloomberg were that Pennsylvania Governor Tom Corbett and the Harrisburg City Council are in a standoff resulting from Harrisburg’s filing of Chapter 9 bankruptcy last week. The governor…
We have written about Harrisburg PA.s struggle extensively during the past two years. A small city unable to pay off a jumbo-sized debt hasn’t shaken the muni market. Despite eye-catching…
The MSRB took a defensive posture in the wake of the S&P’s downgrade on the USA by warning dealers that despite the potential market disruption, investor protection rules continue to…