Flood of California Chap. 9s Seen as Unlikely, but Investors on Edge
Byline: Randall Jensen SAN FRANCISCO a Concerns about bankruptcies in California and their impact on the municipal market are still front and center for investors in the Golden State. Muni market...
View ArticleEx-L.A. Mayor Riordan Launches Pension-Fix Bid
Byline: Keeley Webster Former Los Angeles Mayor Richard Riordan has filed papers to launch a signature-gathering campaign that would place a pension reform initiative on the cityas May ballot. The Los...
View ArticleQuestions Linger on Anchorage Port Ahead of Bond Vote
Byline: Randall Jensen Alaska voters will consider a $453 million transportation bond measure next month that has stirred controversy. According to the Anchorage Daily News, the measure includes $50...
View ArticleOutflows Return for Muni Money Funds
Byline: Christine Albano Two weeks of gains among tax-exempt money market funds were washed away this week as $2.49 billion escaped the industry and total net assets decreased to $267.42 billion in the...
View Article-OneBeacon Insurance to Sell Runoff Business
Global Banking News-October 19, 2012--OneBeacon Insurance to sell runoff business(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 19 October 2012 OneBeacon Insurance Group Ltd...
View Article-Thai Central Bank Explains Surprise Rate Cut
Global Banking News-October 19, 2012--Thai central bank explains surprise rate cut(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 19 October 2012 According to Reuters, the...
View Article-Sberbank Sets Up Venture Fund
Global Banking News-October 19, 2012--Sberbank sets up venture fund(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 19 October 2012 Russia-based Sberbank has announced that it...
View Article-Morgan Stanley Could Sell Commodity Arm
Global Banking News-October 19, 2012--Morgan Stanley could sell commodity arm(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 19 October 2012 According to Reuters, Morgan Stanley...
View Article-Report on Investment and Risk on Account of Drought Released by BoA Merrill...
Global Banking News-October 19, 2012--Report on investment and risk on account of drought released by BoA Merrill Lynch(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 19 October...
View Article-Aleris International Prices Private Offering of Senior Unsecured Notes Due 2020
International Resource News-October 19, 2012--Aleris International prices private offering of senior unsecured notes due 2020(C)1994-2012 ENPublishing - httpwww.enpublishing.co.uk International...
View ArticlePrisons, Fines for Bid-Rig Trio
Byline: Paul Burton After hearing tearful requests for leniency, U.S. District CourtA Judge Harold Baer in New York imposed prison sentences and fines Thursday on three former bankers convicted of...
View ArticleReport: 100 Largest Public Pension Plans Underfunded by $895M-$1.193T
Byline: Jennifer DePaul WASHINGTON a The 100 largest public pension plans reported assets of $2.71 trillion and accrued liabilities of $3.6 trillion, for an aggregate underfunding of $895 million...
View ArticleSeattle Nears Arena Deal
Byline: Randall Jensen Seattle and King County leaders voted in favor of a memorandum of understanding Monday to build an arena in the cityas southern downtown area with $200 million of bonds. The...
View ArticleVernon, Calif.'s Latest Woe: Voter Fraud Charges
Byline: Keeley Webster Vernon, Calif., the scandal-ridden Los Angeles County city that narrowly avoided being disincorporated in 2011, now faces allegations of voter fraud. Debra Wong Yang, a retired...
View ArticlePlan to Move NBA Warriors to San Francisco Advances
Byline: Randall Jensen An early plan to bring build an arena to bring the Golden State Warriors across the bay to San Francisco would cost around $1 billion, according to local reports. The initial...
View Article-Liikanen Says Bank Reforms Could Encourage Shadow Banking
Global Banking News-October 19, 2012--Liikanen says bank reforms could encourage shadow banking(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 19 October 2012 According to...
View Article-Indian Central Bank Examining Allegations against Walmart
Global Banking News-October 19, 2012--Indian central bank examining allegations against Walmart(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 19 October 2012 The Indian central...
View Article-Brazil Passes Legislation to Reduce Credit Card Rates
Global Banking News-October 19, 2012--Brazil passes legislation to reduce credit card rates(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 19 October 2012 Bloomberg reports that...
View ArticleCook President Relies on Medicaid, Sin Taxes to Plug 2013 County Deficit
Byline: Caitlin Devitt CHICAGO -- Cook County, Ill. President Toni Preckwinkle Thursday unveiled a nearly $3 billion fiscal 2013 spending plan for the nationas second-largest county that relies on the...
View ArticleTreasury Indexed 30-Years Go at 0.479% High Yield
Byline: Gary Siegel The Treasury Department Thursday sold $7 billion of inflation-indexed 29-year 4-month bonds at a 0.479% yield, an adjusted price of 109.477963, with a 3/4% coupon. The bid-to-cover...
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