@WSJ reporter covering municipal bonds and public finance. Former reporter at Bloomberg and The Times-Picayune. I like sailing and fishing.

The Rent Is Too Damn High…for Alaska Lawmakers

blogs.wsj.com — A fight over Alaska's lease on a state office building in Anchorage is highlighting the impact of falling oil prices on the Last Frontier. Oil's drop has already cost Alaska its top rating from Standard & Poor's Ratings Services, which downgraded the state to AA+ last month, citing reduced revenue from energy industry taxes that is exacerbating an existing budget gap and requiring significant fiscal adjustments.
Feb 09, 2016

LIO hits the WSJ: The Rent Is Too Damn High…for Alaska Lawmakers on.wsj.com/1PMe376 #AKleg

Feb 11, 2016

RT @Nat_Herz: LIO hits the WSJ: The Rent Is Too Damn High…for Alaska Lawmakers on.wsj.com/1PMe376 #AKleg

Global growth fears hit bank stocks

efinancialnews.com — Investors are dumping bank stocks amid worries that a protracted period of slowing global growth, plunging oil prices and rock-bottom interest rates will combine to inflict pain on the world's largest financial institutions. Global markets' anxiety spilled over into Asia early February 9, sending investors scurrying for havens like Japanese government bonds, where 10-year yields turned negative for the first time.

Tech Stocks Swoon as Growth Disappoints

Tech Stocks Swoon as Growth Disappoints

wsj.com — A sharp dive in technology shares underscored investor worries about uneven U.S. economic growth, as the latest lackluster corporate outlook, this time from LinkedIn Corp., fueled a rush out of stocks. In the most jarring example of investor unease, LinkedIn's shares tumbled 44% on Friday following a disappointing earnings forecast.
Feb 06, 2016

Tech stocks swoon as growth disappoints on.wsj.com/1NUWWdF via WSJ

Feb 07, 2016

Amazon shares still trading at a 402 times its earnings! “(V)aluations don’t matter…until they do.” on.wsj.com/1NUWWdF

Investors Shun Bank Stocks

wsj.com — News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. Meetings to reassure money managers on sector fail to halt slide Investors are sending a clear message to the big U.S. banks: We don't believe you.
Feb 04, 2016

bank ceos are trying desperately to say this aint '08m which is scary: Investors Shun Bank Stocks on.wsj.com/1QdOwjh via @WSJ

Feb 04, 2016

What's going on with bank stocks, which have been hit hard this year on.wsj.com/1QdOwjh pic.twitter.com/sjs97Drv4B

Chicago Schools Struggle to Sell Debt to Get Through School Year

wsj.com — News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. Nation's third-largest district pulled back $875 million offering; rate could be near Puerto Rico's Chicago's public schools are struggling to borrow money to get through the school year as investors grow increasingly wary of the finances of one of the nation's largest school districts.
Feb 02, 2016

RT @WSJBankruptcy: Chicago's public schools are struggling to borrow money to get through the school year. on.wsj.com/1maQoBp

Feb 02, 2016

Chicago schools struggle to sell debt to get through school year on.wsj.com/1maRoW0 via @WSJ

Feb 02, 2016

RT @jbarrchicago: Chicago schools struggle to sell debt to get through school year on.wsj.com/1maRoW0 via @WSJ

Feb 02, 2016

RT @jacobbunge: Chicago schools struggle to sell debt to get through school year on.wsj.com/1maRoW0 via @mrmmpeters @kuriloff

Feb 02, 2016

Chicago schools struggle to borrow enough to money to get through school year; set to lay off staff, cut pensions on.wsj.com/1maRoW0

Puerto Rico Plans Debt-Exchange Offer Friday

wsj.com — News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. Swap proposal offers investors two new types of security, both of which would delay payments Puerto Rico plans to propose a debt exchange to investors at a Friday meeting, offering to swap existing bonds for two new types of security to help the U.S.
Jan 28, 2016

RT @kuriloff: Puerto Rico plans debt-exchange offer Friday on.wsj.com/1nSjl6w via @WSJ

Jan 28, 2016

Although Puerto Rico made investors sign confidentiality statements they seem to have leaked debt proposal #muniland wsj.com/articles/puert…

Jan 28, 2016

RT @cate_long: Although Puerto Rico made investors sign confidentiality statements they seem to have leaked debt proposal #muniland wsj.com/articles/puert…

Puerto Rico to Hold Debt-Restructuring Talks Jan. 29

wsj.com — News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. Territory, bondholder groups to consider what to do with $70 billion of bonds Puerto Rico has scheduled meetings Friday with representatives of several bondholder groups to discuss a possible restructuring of $70 billion of municipal bonds, people familiar with the matter say.

Ahead of Investor Talks, Puerto Rico Projects Larger Payment Gap

wsj.com — News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. Officials say new estimates underscore needs for restructuring Puerto Rico is running out of money faster than expected, leaving an increasing hole in the amount needed to operate and pay investors over the next decade, according to an updated fiscal plan released by the U.S.
Jan 18, 2016

#PuertoRico projects larger payment gap ahead of debt talks with bond investors on.wsj.com/1V2VqeZ

Puerto Rico Officials to Creditors: It’s Worse Than We Thought

wsj.com — Puerto Rico planned to tell creditors Friday that it needs twice as long as initially projected to stabilize its economy. In a statement, Melba Acosta, president of the Government Development Bank for Puerto Rico, said the U.S. commonwealth will need 10 years, not five, to implement a growth plan.
Jan 16, 2016

Puerto Rico officials to creditors: It’s worse than we thought on.wsj.com/1n7AuZL

More Articles →
Feb 13, 2016

RT @NickTimiraos: Are we headed for a recession? The economy says no, but the markets increasingly say yes on.wsj.com/1o4rqVC pic.twitter.com/zDF45QdIR8

Feb 06, 2016

RT @jennystrasburg: Best glimpse yet inside the bizarro home of Pure Alpha. @realrobcopeland @Bradleyhope on Bridgewater: on.wsj.com/1nSbExo @WSJ

Feb 04, 2016

RT @espn: This season, Steph Curry is shooting 60.4% on shots from 28+ feet. The NBA average from 3 feet or closer is 59.5%. pic.twitter.com/rVXpxLYv5w

Feb 04, 2016

RT @NickTimiraos: Gas prices are plunging. So why is everyone freaking out about the US economy? on.wsj.com/1T0JoVM pic.twitter.com/Fzy4hsMr00

Feb 02, 2016

Republicans show signs of compromise on Puerto Rico via @nicktimiraos and @kristinapet on.wsj.com/1mawGph

Jan 22, 2016

RT @KatyBurne: WSJ PRO's cheat sheet on what Fed officials have been saying ahead of next week's policy meeting. by @michaelsderby wsj.com/pro/centralban…

Jan 19, 2016

RT @AndrewTangel: Big New York transportation projects loom, but funding remains question for $100 billion plans on.wsj.com/1V75X93 via @WSJ w/@kuriloff

Jan 14, 2016

Oil-price drop hits hard in once-booming Williston, N.D. on.wsj.com/1J4PAZO via @WSJ


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