municipalities news from FierceFinance

The New York Times offers an interesting update on the issue of muni bond consultants, and whether they are, well, a bit out of control. A handful of these guys pitch all sorts of arcane financial... Read more...

In this credit crunch, corporations and consumers have gotten all the attention. But the credit crisis is also a really worrisome event for cities and municipalities. Consider Jefferson County, AL.... Read more...

It's no secret that credit ratings agencies rate municipal and corporate debt differently. Moody's has admitted as much. Exactly why they do this vexes some--including the Connecticut state attorney... Read more...

It's so easy to forget about the auction rate securities mess. But the fact remains that more than $300 billion remains tied up in this near-frozen market. Issuers, lots of municipalities and... Read more...