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Municipal Bonds News

County may double its pension debtSunday, August 1, 2010 @ 12:55AMSonoma County is preparing to borrow an unprecedented sum of $300 million to pay off unfunded pension obligations, a move that some financial experts call risky, and pension-overhaul advocates say papers over major structural problems in the county employee retirement system.

HOPEWELL TOWNSHIP: Titusville sidewalks project in the worksSunday, August 1, 2010 @ 12:55AMAn ordinance appropriating $331,222 for sidewalk improvements in the Village of Titusville was introduced Monday by the Hopewell Township Committee.

3 former GE bankers indicted as bid-rigging probe widensSunday, August 1, 2010 @ 12:12AMThree former bankers with a General Electric unit that sold investment contracts to state and local governments have been indicted on charges of conspiring to profit at taxpayers' expense by rigging bids. The indictment reflects the broadening scope of a Justice Department investigation of municipal finance.

Structural weaknesses worry muni bond holdersSunday, August 1, 2010 @ 12:11AMInvestors in U.S. municipal bonds watch with concern the slow-motion deterioration in the finances of many of America's cities and states.

Beth LaMontagne Hall's City Hall: Former Mayor Guinta's ears closed to earmarksSaturday, July 31, 2010 @ 11:15PMFrank Guinta may not have asked for any federal earmarks when he was mayor, and he says he won't ask for them if elected to Congress.

Charter, Knology expected to have representation at Opelika public hearingSaturday, July 31, 2010 @ 9:32PMWhen the Opelika City Council meets for a public hearing Tuesday, it will be a chance for residents to voice their opinions on the city’s plans to create a city-owned telecommunications company.It turns out they won’t be the only interested parties.

Officials: Bond election would also provide money for existing schoolsSaturday, July 31, 2010 @ 8:54PMLeaders at Clovis Municipal Schools say if a special school bond election isn’t approved by voters Aug. 31, it would not only mean no new middle school but no money to expand or repair many existing school buildings. If passed, the $16 million bond...

China eyes gradual fiscal exit, no rate rise -IMFThursday, July 29, 2010 @ 8:00AMBEIJING, July 29 (Reuters) - Subdued inflation is reducing the need for higher interest rates in China, which intends to withdraw its fiscal stimulus gradually, the International Monetary Fund said on Thursday.

DPC DATA Announces Distribution Agreement With TheMuniCenterThursday, July 29, 2010 @ 7:30AMDPC DATA, a leading provider of municipal bond disclosure data, research and data services, today announced an agreement with TheMuniCenter , the market leader for secondary municipal bond trading.