Municipalities Squeezed In Bond Market
Nov 7th, 2008 · When the normally quiet bond market went haywire, cities and towns across America found themselves stuck with rising payments and projects in jeopardy. But, why?
Nov 7th, 2008 · When the normally quiet bond market went haywire, cities and towns across America found themselves stuck with rising payments and projects in jeopardy. But, why?
Nov 7th, 2008 · Dublin-based Depfa got into hot water by transforming itself from a small, local lender into a major global enterprise intertwined with financing from Duluth to Dubai. It had an audacious goal: to dominate American municipal finance. Instead, it has jeopardized many public investments.
Nov 4th, 2008 · As the global economic crisis unfolds, a group of school districts in Wisconsin has found itself at one end of a chain of exotic and risky financial products. At the other end is a German bank beset by problems — one whose fortunes could affect municipalities across the United States.
Oct 17th, 2008 · There are a lot of problems in the financial markets: banks are not lending to each other and the stock market has plummeted. In some areas of the country, the credit crisis may be spreading to the municipal bond market.
Oct 12th, 2008 · Managers at two money market funds talk about why they're hoarding Treasury bills and municipal bonds when they have the ability to help solve the credit crunch.
Jul 19th, 2008 · The U.S. Conference of Mayors has passed a resolution urging governments to phase out bottled water in city buildings. Scott Simon talks with Martin J. Chavez, mayor of Albuquerque, N.M., and one of the co-authors of the resolution.
Jul 7th, 2008 · A new California company, WiFi Rail, is close to sealing a deal with San Francisco's Bay Area Rapid Transit district to build wireless Internet access throughout the transit system. If successful, the network would be the largest transit-based Wi-Fi system in the country. Over the last few years, a string of municipal wireless networks have failed.
Jun 29th, 2008 · The landmark Supreme Court decision on gun rights has sparked a series of lawsuits by the National Rifle Association against handgun bans in five jurisdictions around the country. The NRA is suing San Francisco, Chicago and three smaller municipalities.