MEDIA COVERAGE


'Black Cloud' Panel Discusses the Perilous State of Housing
Posted on Thursday, September 13, 2007
Source: Bond Buyer
by Rich Saskal

The troubled state of the California housing market will pose some uncertainties for the
municipal market, according to members of a panel at The Bond Buyer's California Public
Finance Conference. >>MORE...


California AG's Opinion on School 'Cash-Out' Financings May Be Imminent
Posted on Thursday, September 13, 2007
Source: Bond Buyer
by Rich Saskal

The California attorney general's office may soon give clarity to a debate on whether or
not school districts can refund general obligation bonds to generate additional proceeds
for school projects. >>MORE...

Swaps & Derivatives: Panelists Express Biggest Worries About Structured Muni Products
Posted on Thursday, September 13, 2007
Source: Bond Buyer
by Matthew Hanson

Once considered taboo in the public finance world, swaps and derivatives have become
commonplace in many of the municipal market's daily bond transactions. >>MORE...


California Treasurer Bill Lockyer Discusses Ways to Meet Financial Needs
Posted on Wednesday, September 12, 2007
Source: Bond Buyer
by Rich Saskal

Nine months into his tenure as California treasurer, Bill Lockyer addressed The Bond Buyer's California Public Finance Conference yesterday morning and discussed his views on ways to satisfy some of the state's unmet needs. >>MORE...

Survey Finds Split on Hiking State's Bond Authority
Posted on Wednesday, September 12, 2007
Source: Bond Buyer
by Matthew Hanson

In a survey yesterday, California municipal market participants were split nearly evenly on whether the state's voters should be asked to approve more bonding authority for the Golden State, less than a year after a record of more than $43 billion was approved during the last general election in November. >>MORE...

SEC Pitches Initiatives Focusing on Standardized Disclosure
Posted on Tuesday, September 11, 2007
Source: Bond Buyer
by Andrew Ackerman.

The Securities and Exchange Commission is not trying to greatly expand municipal disclosure so much as to standardize it and make it more accessible to investors, an SEC official said at a conference here yesterday. >>MORE...