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Judge gives a win to Wall Street in Alabama bankruptcy
(Reuters) - The judge in the landmark bankruptcy of Alabama's Jefferson County sided with Wall Street creditors on Friday and sharply limited how the cash-strapped local government can use funds...
Judge gives a win to Wall Street in Alabama bankruptcy
(Reuters) - The judge in the landmark bankruptcy of Alabama's Jefferson County sided with Wall Street creditors on Friday and sharply limited how the cash-strapped local government can use funds...
Analysis: Bankruptcy no quick fix for weak local governments
(Reuters) - U.S. cities and other local governments stung by sour regional economies and deep housing crises are most at risk of becoming the next Stockton. But they will do...
Analysis: Bankruptcy no quick fix for weak local governments
(Reuters) - U.S. cities and other local governments stung by sour regional economies and deep housing crises are most at risk of becoming the next Stockton. But they will do...
Moody’s downgrades $64 billion of U.S. muni debt
NEW YORK/MIAMI (Reuters) - Moody's Investors Service on Friday cut ratings on $64 billion of municipal bonds, including debt owed by 1,675 local and state governments, because the obligations rely...
Moody’s downgrades $64 billion of U.S. muni debt
NEW YORK/MIAMI (Reuters) - Moody's Investors Service on Friday cut ratings on $64 billion of municipal bonds, including debt owed by 1,675 local and state governments, because the obligations rely...
Analysis: Puerto Rico bets on American tourists to repay debt
(Reuters) - Americans have long been in love with Puerto Rico's high-yielding municipal bonds. Now the Caribbean island hopes they will flock to its sand, surf and spanking new resorts...
Analysis: Puerto Rico bets on American tourists to repay debt
(Reuters) - Americans have long been in love with Puerto Rico's high-yielding municipal bonds. Now the Caribbean island hopes they will flock to its sand, surf and spanking new resorts...