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Massachusetts Senate approves Lawrence finance bill (The Eagle-Tribune)BOSTON (AP) ? The Massachusetts Senate approved a bill today allowing the city of Lawrence to float up to $35 million in municipal bonds to balance its budget after rejecting a GOP amendment to immediately place the city under a state-appointed finance control board.
Wed, 10 Mar 2010 00:31:21 GMT.
Mass. Senate approves Lawrence finance bill (Boston Globe)
The Massachusetts Senate approved a bill Tuesday allowing the city of Lawrence to float up to $35 million in municipal bonds to balance its budget after rejecting a GOP amendment to immediately place the city under a state-appointed finance control board.
Tue, 09 Mar 2010 20:32:32 GMT.
MA Senate approves Lawrence finance bill (WBZ News Radio Boston)
The Massachusetts Senate has approved a bill allowing the city of Lawrence to float up to $35 million in municipal bonds to help balance its budget. The Senate rejected a Republican-sponsored amendment that would have required the administration to immediately place the city under the control of a state-appointed finance control board.
Tue, 09 Mar 2010 22:53:40 GMT.
Senate Approves Lawrence Finance Bill (WBZ Boston)
The Massachusetts Senate has approved a bill allowing the city of Lawrence to float up to $35 million in municipal bonds to help balance its budget.
Tue, 09 Mar 2010 21:59:34 GMT.
Mass. Senate weighs Lawrence finance bill (Greenwich Time)
BOSTON (AP) ? The Massachusetts Senate is debating a bill to allow the city of Lawrence to float up to $35 million in municipal bonds to help balance its budget.
Tue, 09 Mar 2010 19:31:49 GMT.
Senate Seeks Stronger Oversight In Lawrence Financial Recovery (WBUR Boston)
The Massachusetts Senate on Tuesday approved a measure that would allow the city of Lawrence to borrow up to $35 million to avoid bankruptcy but requires stricter oversight than in the House bill.
Tue, 09 Mar 2010 16:49:25 GMT.
MHP Becomes New England?s First Fannie Mae MultiFamily Affordable Lender (Banker & Tradesman)
The Massachusetts Housing Partnership (MHP) has signed an agreement with Fannie Mae, becoming the first Fannie Mae multifamily affordable lender in New England.
Tue, 09 Mar 2010 16:10:57 GMT.
D.C. Looks to Capitalize on Low Yields With $700 Million Sale (Bloomberg)
Washington will use proceeds from the sale to refinance current fixed- and variable-rate general obligation bonds, which have lower ratings, and reduce the district?s amount of adjustable-rate debt.
Wed, 10 Mar 2010 05:54:21 GMT.
Defaults Signal Bursting Muni Junk Bubble on High-Yield Surge (Bloomberg)
March 10 (Bloomberg) -- Investors in search of better returns poured $7.8 billion into high-yield municipal bond funds last year, pushing assets to a two-year high. They may start experiencing losses as early as this year as default risks grow.
Wed, 10 Mar 2010 05:54:11 GMT.
South Korea back on track (Asia Times)
MONTREAL - The South Korean economy, which last year scraped through the global slowdown without sinking into recession, returned to the recovery path last month after faltering in January, Finance Minister Yoon Jeung-hyun said on Friday, backed by a report that attributed earlier negative data to one-off factors such as heavy snow and an end to tax incentives for car purchases.
Tue, 09 Mar 2010 09:50:58 GMT.