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Money fund assets rose to $3.668T in latest week

Published July 9, 2009, 2:59 pm, INO News

(AP:NEW YORK) Total money market mutual fund assets rose by $4.36 billion to $3.668 trillion for the week, the Investment Company Institute said Thursday.

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Texas District Borrows as Schools Sell Debt Without AAA Fund

Published July 9, 2009, 1:46 pm, Bloomberg

July 9 (Bloomberg) -- The Fort Bend Independent School District in Texas led long-term municipal bond sales today, becoming the latest school system in the state to borrow without backing from the largest U.S. endowment for public education.

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Texas District to Borrow as Schools Sell Debt Without AAA Fund

Published July 9, 2009, 1:33 pm, Bloomberg

July 9 (Bloomberg) -- The Fort Bend Independent School District in Texas leads long-term municipal bond sales today, becoming the latest school system in the state to borrow without backing from the largest U.S. endowment for public education.

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N.Y. Thruway Seeks Advantage of Short-Term Rates With Note Sale

Published July 8, 2009, 2:03 pm, Bloomberg

July 8 (Bloomberg) -- New York’s Thruway Authority will sell notes to be paid off with money from a future bond sale for the first time since 2004 to take advantage of a near record gap in short- and long-term borrowing costs.

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House, Senate put health reform plans on the table

Published July 7, 2009, 4:52 pm, Northville Record

Marc Corriveau understands the new administration in Washington, D.C., has a health care plan. He just doesn't think it's going to come fast enough or do enough to help Michigan residents who can't afford the skyrocketing costs of health care or are, worse, completely uninsured. That's why Corriveau, the second-term Democrat from Northville who represents the state House's 20th District, is a ...

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N.Y. MTA Leads Muni Sales With First Short-Term Deal Since 1996

Published July 7, 2009, 12:34 pm, Bloomberg

July 7 (Bloomberg) -- New York’s Metropolitan Transportation Authority leads municipal borrowers today with its first short-term note sale in 13 years, as the state agency awaits revenue from a payroll tax approved in May.

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Are Municipal Bond Defaults the Next Financial Crisis?

Published July 7, 2009, 9:12 am, ETFguide.com via Yahoo! Finance

SAN DIEGO - California has already declared a state of fiscal emergency and other states aren't far behind. Turmoil in the munibond market has national implications. How should...

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Baystate expansion good for economy

Published July 7, 2009, 3:17 am, The Republican

Baystate Health's success in securing critical financing to keep its $246 million expansion on track is a major shot in the arm for the hospital - and for the economic health of the entire region.

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MT Meth Project spent almost $20M on ads 2005-2007

Published July 6, 2009, 11:06 pm, Helena Independent Record

If it seems that ads produced and paid for by the Montana Meth Project are everywhere in the state, no wonder.

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Exempt Exempt Tax: Boon or bane?

Published July 3, 2009, 8:15 am, rediff.com

There has been considerable discussion during the past few years about the Government changing from the EEE to EET Tax regime related to tax saving financial products. The acronyms have a simple expansion: Exempt -- Exempt -- Exempt and Exempt -- Exempt -- Tax. With the upcoming Budget expected to give some direction on this issue, its time we understood what these terms mean and their impact on ...

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