We build public projects, and we tear them down. Watch an explosive breach of Condit Dam from Andy Maser (hat tip: Gizmondo)
Morgan Stanley Smith Barney: A 30,000-foot view of the municipal bond market
University of Illinois: New book on muniland: Managing the Fiscal Metropolis
Next American City: Water helps revive a washed-up industrial town
kevinonthestreet: Conversation with Ryan Sheftel, head of electronic market making at Credit Suisse
E*Trade: Bond desk helps E*Trade up their retail fixed income game
WSJ: California’s $2 billion muni bond deal starts well
Reuters: Stockton, California approves bond default plan
Star Tribune: Minnesota state senate strikes down teacher tenure
This Land Press: Oklahoma City is taser death capital of the U.S.
@ChicagoFed Chicago Fed A person’s annual medical expenses may rise from $2,000 at 70, to $30,000 at 100. What is the effect on savings? http://t.co/f56Gva4e
Fixedology Washington DC policies (Volcker Rule and the President’s budget) have had no meaningful effect on the muni market thus far.
@MSRB_News MSRB MSRB Seeks Input on Fiscal Year 2013 Priorities msrb.org/News-and-Event…
Michael Pietronico perhaps the muni bond market has grown up a touch as the left coast sees good demand for a state GO while a city within talks bankruptcy
PA Independent DPW Secretary Alexander says state needs to change course. 5.8 million people working and 2.7 million getting public assistance from state