MuniLand Snaps: March 22, 2012

March 22, 2012

Detroit Mayor Dave Bing talks to Bloomberg’s Mark Crumpton about his efforts to get the city’s fiscal crisis under control. He says that Detroit needs help, not a takeover by the state. Meanwhile, the governor of Michigan, Rick Snyder, has spent the week in Europe on a trade mission and left the negotiations for control of Detroit to his staff.

Good Links

Federal Reserve Bank of Dallas:  Why we must end too-big-to-fail — now

Governing: The variation among U.S. state and cities is a mile wide

Cal Watchdog: Special series: Bondholders seek governmental transparency

MSRB: SEC approves display of interdealer yield data on the EMMA website starting Apr. 30

Morgan Stanley Smith Barney: Municipal bond monthly

Barron’s: Sit on the sidelines a while longer, says Thomson Reuters Municipal Market Data

S&P Indices: Financial adviser webinar series: Finding yield in today’s municipal bond market

GovTech: Social-media use appears mainstream in government agencies

Patriot News: Harrisburg Receiver David Unkovic cites “corruption” in debt crisis

AP: Missouri insurance company sues over Project Sugar bonds

@Twitter Talk

Ohio Budget WatchOhio Budget Watch @OHBudgetWatch Kasich capital bill not as small as advertised, but local governments still lose –
Secretary of State Secretary of State  @secstatewa Ahead of Monday’s high court health care hearing, WA passes insurance exchange.
no bid.  @cr3dit Assures Guaranty & $15bn securities they insure on review for downgrade -Moody’s #muniland

Bond GirlBond Girl  @munilass Hamilton Co., OH (Cincinnati) sold hospital to plug shortfall for Reds / Bengals stadiums
Lauren YoungLauren Young  @LaurenYoung Mayor Bloomberg Says Social Media Can Hurt Governing
David JollyDavid Jolly  @davjolly Hey, financial journalists: If you cover Wall Street, should you take Wall Street speaking fees?
The Atlantic CitiesThe Atlantic Cities  @AtlanticCities The Convoluted Path to Ending Los Angeles’s Mural Ban
Jim FuhrmeisterJim Fuhrmeister  @jimfuhr Shelby Co Reporter article about closing state psyc hospitals & my concerns for those with mental illness & suicidal.
John ArchibaldJohn Archibald  @JohnArchibald Graysville Alabama is too tawdry for Mayberry: In this Mayberry, Opie’s in juvee and Sarah the telephone operato…
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