MuniLand Snaps: March 6, 2012
Scott Hodge of the Tax Foundation discusses the states with the highest and lowest business taxes. More background here via the Tax Foundation.
MSRB: MSRB seeks SEC approval of rule to strengthen regulation of broker’s brokers
ISDA: ISDA publishes 2012 U.S. municipal reference entity CDS protocol
Bond Dealers of America: National Municipal Bond Summit agenda
Stateline: Laffer’s supply-side economics staging a comeback
Bloomberg: U.S. pension assets gained 16.4 percent in 2011: Wilshire
FT: Illinois state “on brink of collapse”
Dealbook: Teacher Retirement System of Texas buys ownership stake in a hedge fund
California City Finance: Data, statistics, analyses and articles on California city and county finance
Reuters: Stockton, California’s impact on U.S. muni landscape
Bloomberg: NYC pension costs have risen fivefold since 2002, reform group says
U.S. Bankruptcy Court: Memorandum Opinion on Eligibility of Jefferson County, Alabama Under 11 U.S.C. § 109(C)
Detroit News: As dollars dwindle, so have Michigan police ranks
@USDA Dept. of Agriculture USDA’s Lisa Pino: We now have 2500 SNAP farmers markets. Triple the number from 2008 and 400% increase in SNAP $$ spent at farmers markets.
@dvandeventer Donald van Deventer According to DTCC in week ending 2/24/2012 there were ZERO CDS trades on US states and municipalities.