bond
Munibond racketeering rife - Feds have multi-agency investigation
Posted on Sat, 2009-01-10 17:01
Bid rigging, tax evasion and other forms of racketeering are rife in the municipal bond business and a huge multijurisdiction criminal investigation has been underway for several years now, the New York Times reports in its business pages. Public toll agencies base almost all their longterm financing on the municipal bond markets so it is of great interest within the US toll industry.
NTTA push back deadline for 2008 bond sale to May 2009
Posted on Fri, 2008-10-10 16:35A special meeting of the board of North Texas Tollway Authority (NTTA) has been called
Oct 13 to push back the deadline for sale of Series 2008 bonds to May 19 2009. The resolution being put tot he board also would permit an index floating rate to be part of the issuance.
The moves are apparently a reaction to turmoil in the capital markets.
TOLLROADSnews 2008-10-10
RATINGS:Fitch-ICBA suggests divided industry
Posted on Thu, 2000-07-27 18:27RATINGS:Fitch-ICBA suggests divided industry
Originally published in issue 50 of Tollroads Newsletter, which came out in Jul 2000.
Page:12
Subjects:rating bond
Agencies:Fitch ICBA
