Michael Connor

MIAMI/LOS ANGELES (Reuters) - America's rarely used municipal bankruptcy law is presenting unexpected risks for investors in the $3.7 trillion U.S. tax-free bond market. The largest U.S. pension fund, the...

MIAMI/LOS ANGELES (Reuters) - America's rarely used municipal bankruptcy law is presenting unexpected risks for investors in the $3.7 trillion U.S. tax-free bond market. The largest U.S. pension fund, the...

(Reuters) - New York's Metropolitan Transporation Authority on Thursday quelled some market concerns that its already strapped finances could be further strained by cleanup costs after the massive storm Sandy...

(Reuters) - New York's Metropolitan Transporation Authority on Thursday quelled some market concerns that its already strapped finances could be further strained by cleanup costs after the massive storm Sandy...

(Reuters) - Alabama's bankrupt Jefferson County got some unexpected allies on Tuesday, when unsecured creditors lined up with the county in America's biggest municipal bankruptcy to fight a proposed September...

(Reuters) - Alabama's bankrupt Jefferson County got some unexpected allies on Tuesday, when unsecured creditors lined up with the county in America's biggest municipal bankruptcy to fight a proposed September...

(Reuters) - Alabama's Jefferson County and Wall Street creditors are finally in talks on possible workout terms eight months after the biggest U.S. municipal bankruptcy was filed for $4.23 billion,...

(Reuters) - Alabama's Jefferson County and Wall Street creditors are finally in talks on possible workout terms eight months after the biggest U.S. municipal bankruptcy was filed for $4.23 billion,...