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Muni Debt

S&P Raises California Credit Rating To Stable

Posted 09.06.2011 | Business

NEW YORK (Edith Honan) - Standard & Poor's raised its credit outlook on California to stable on Thursday in one of the first significant pieces of goo...

JPMorgan Pays $228 Million To Settle Bid-Rigging Charges

Posted 09.06.2011 | Business

(AP) WASHINGTON -- A JPMorgan unit is paying $228 million to settle civil fraud charges that it rigged dozens of bidding competitions to win business ...

Moody's Warns It May Downgrade Muni Debt Rating

Posted 08.30.2011 | Business

NEW YORK (Walter Brandimarte) - Moody's on Wednesday warned it may downgrade some Aaa-rated U.S. states and municipalities if the country loses its to...

States Begin To Cut Aid For Cities As Budget Woes Mount

nytimes.com | MICHAEL COOPER | Posted 05.25.2011 | Business

The cuts are widespread. Ohio plans to slash aid to Columbus, Cleveland, Cincinnati and other cities and local governments by more than a half-billion...

SEC Probing Mutual Funds Over Muni Bonds

Posted 05.25.2011 | Business

U.S. securities regulators are probing whether some mutual funds have overstated the value of thinly traded risky municipal bonds at a time when inves...