MuniLand Snaps: July 13
I’m on the radio! Thanks to Pat Morrison of Southern California Public Radio KPCC for inviting me to a roundtable on how the San Bernardino bankruptcy is looking much worse than Stockton’s.
Business Insider: 32 reasons why we need to end the war on drugs
WaPo: Medicaid expansion a tough sell to governors of both parties
Reuters: Most U.S. muni tobacco bonds will default – Moody’s
Pew States.org: Pennsylvania struggles to help its weakest cities
CSM: Cities going broke: Can Scranton’s minimum wage plan work?
Reuters: U.S. 30-year municipal bond yield falls to record low – MMD
WSJ: Quirks of bond indexing
— GOVERNING (@GOVERNING) July 12, 2012
CFTC estimates that around 125 firms will be reporting their swaps trades to repositories by September.
— Virginie O’Shea (@virginieoshea) July 11, 2012
CA controller John Chiang on more bankruptcies after San Bernardino. "No contagion yet but there is great concern" on.ft.com/NjSb2e
— Matthew Garrahan (@MattGarrahan) July 12, 2012