MuniLand Snaps: February 8, 2012
At minute 8 in this Bloomberg video, Larry Fink, CEO and chairman of the world’s largest asset manager, BlackRock, says everyone must be 100 percent in equities. I hope he doesn’t mean that everyone should sell their municipal bonds. Could he become muniland’s next Meredith Whitney?
Good Links
NCSL: Database of state responses to federal health reform requirements
Reuters: Senate Finance Committee approves new tax provisions for conduit bonds
Bloomberg: Head of muni research at BofA Merrill Lynch says muniland quality improving
Chicago Sun-Times: Illinois governor wants $2 billion in state Medicaid cuts
Montgomery Advertiser: Alabama governor calls for cuts to government, but funding and reform for schools
Patriot News: Pennsylvania governor proposes huge cuts to higher ed in new budget
Stateline: Seven questions for Michigan Governor Rick Snyder
Huffington Post: Who will fund Minnesota Vikings’ new stadium is a moving target
WPRI.com: Unions to RI: Negotiate a pension deal before you lose in court
@Twitter Talk
@NickTimiraos Nick Timiraos CoreLogic: There were 830,000 foreclosures last year, down 24% from year ago (thanks to banks’ processing problems)
@CSGovts CSG After shedding 77,000 positions last year, state government employment levels off in January. Learn more here: bit.ly/yus02h
@GOVERNING GOVERNING New Center on Education Policy report projects state K-12 education spending will begin to rebound in 2012: governing.com/news/state/gov… @GreeneBarrett Barrett and Greene New State Info Databases From Alaska, Maryland and Nevada ow.ly/8NUCQ
@BlogWood Norwood Orrick Florida high-speed rail would have been profitable, state report says blgwd.us/wZBhep
@taxjustice CTJ Quick Hits in state news, including kudos for Gov. O’Malley in Maryland, ow.ly/8VyRn
@GovernorBentley Gov.Robert Bentley pleased to announce that Golden Dragon Copper of China will build a $100M facility near Pine Hill in Wilcox County
@WealthWatch Suzanne Woolley I dare you to find someone who disagrees with this. Port Authority Needs ‘Top-to-Bottom Overhaul bloom.bg/zunQsi

