November 14: Muniland Snaps

November 14, 2011


The Municipal Securities Rulemaking Board prepared the map above to show how many municipal advisers have registered in each state. Idaho has zero and New York state has 107. Their debt loads probably mirror that ratio, too.

Good Links

NYT: Federal government shores up military contractor pension plans

Bloomberg: Municipal derivatives are muniland’s subprime

MSRB: Fitch and S&P to distribute real-time ratings on MSRB’s EMMA website

Bond Buyer: Huge $12 billion week for municipal bond issuance will set yearly high

WSJ: SEC looks at use of segregated funds by cities

Atlanta Journal-Constitution: Although they paid $86M to banks for bad swaps deals, Atlanta flaunts fiscal prudence

RI NPR: To get things done, Raimondo embraces the bully pulpit

Global Economic Intersection: Jefferson County: Dirty bankers and good old boy crooks

Reuters: A good look at the legal chess game unfolding for Jefferson County

today’s the day harrisburg: Harrisburg rabbi makes an appeal to bankruptcy judge handling the city’s case Muniland blog cited by Harrisburg City Council majority

@Twitter Talk

Michael Pietronico @MillerTabak Michael Pietronico   the super committee is now in focus – much like yesterday in the NFL investors should expect to see a fair amount of punts

Emily Badger @emilymbadger Emily Badger   regulations don’t actually kill jobs:

RWJF Coverage Team RWJF_Coverage RWJF Coverage Team   Gallup poll finds number of uninsured adults rising

The Economist @TheEconomist The Economist   Drought may force Texas to take tough measures, especially because its water woes are structural

Ernest Scheyder @ErnestScheyder Ernest Scheyder   “We are #PennState, and we are hurt, and we are sorry” — Candlelight vigil one of the most moving events I’ve covered

Weld for Birmingham @SecondFront Weld for Birmingham   Barn doors and horses: Moody’s and S&P might downgrade Jefferson County debt.…

Allan Tear @allantear Allan Tear   Nice job on national NPR story re: RI pension reform by@CWELCHRI, hard to stuff that much insight in 2 minutes! #ripench

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