MuniLand Snaps: August 10

August 10, 2012

The story of the federal government in one simple chart. Bloomberg’s Scarlet Fu shows how government spending on entitlements rose as the level of government investment decreased.

Good Reads

WaPo: A Golden State train wreck

Assured Guaranty: Preliminary objection to Stockton bankruptcy filing

The Record: Bankruptcy challenge cites CalPERS bias

Reuters: Bond insurer contests Stockton bankruptcy over pensions

Press Enterprise: San Bernardino: Rifts erupt at city level

Bloomberg: Massachusetts sees 8 percent pension gains shunned by CalPERS

MSRB: MSRB seeks comment on proposal to enhance protections for online municipal investors

Bond Buyer: MSRB proposes protections for online retail investors

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