Connecticut is gearing up for a $2 billion pension obligation bond issue this spring to help fund the state’s severely underfunded Teachers’ Retirement Fund. Processing Content The deal would be the ...
For the past four years, Williamson College of the Trades has literally and figuratively been taking its freshman orientation program to new heights thanks to engagement with Philadelphia Outward ...
The best form of education comes through experience, challenge and discovery. Jessica Naugle McAtamney, principal at Lankenau Environmental Science Magnet High School, understands this best. When ...
A tool that some governments have used to immediately pay down their pension obligations through borrowing can leave those governments more financially vulnerable than they were before, a new study ...
Kansas' (rated Aa2/stable outlook) $1 billion sale of pension obligation bonds (POBs), due to price August 12, will do little to solve the challenges surrounding Kansas' poorly funded ...
“It’s the dumbest idea I ever heard,” Jon Corzine told Bloomberg.com in 2008 when he was still governor of New Jersey. “It’s speculating the way I would have speculated in my bond position at Goldman ...