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Cash-flow struggles amid sharp tuition revenue declines the past few years placed the Philadelphia private college on the verge of another credit downgrade one year after its rating was dropped into low investment grade territory.
March 5 -
The National Museum of American Jewish History in Philadelphia filed for Chapter 11 this week, burdened by debt sold to construct its building.
March 3 -
Scranton, Pa., activist Gary St. Fleur describes his group's successful suit that claimed the city was overtaxing its residents under Pennsylvania law. Paul Burton hosts.
March 3 -
The region's bond issuers sold $113.3 billion of debt in 2019, a 16.8% increase from 2018 fueled largely by a spike in taxable deals.
February 21 -
Fitch Ratings dropped Immaculata University, in the Philadelphia suburbs, to BB-minus from BB.
February 14 -
The governor's proposed $36.1 billion spending plan would expand a bond-backed program to clean up toxic school buildings and overhaul charter schools.
February 5 -
Ted Palatucci was a U.S. Navy veteran who went on to a long career in the municipal bond industry, most recently at Andres Capital Management.
February 4 -
Joe Torsella received the appointment to the National Association of State Treasurers committee from NAST President Deborah Goldberg of Massachusetts.
February 3 - Finance and investment-related court cases
Pennsylvania Treasurer Joe Torsella discusses his state's lead role in a lawsuit against banks that led to a settlement over price fixing of government agency bonds. Paul Burton hosts.
January 28 -
The high-demand market environment boosted Philadelphia’s first general obligation bond deal of 2020.
January 22