Author Archives: Steve McCulloch

Record Debt Set for Week

By Michelle Kaske and Andrea Riquier States and localities are poised to borrow the most in a year in a bet that investors in the municipal market, which has beaten U.S. stocks, Treasuries and commodities, will be undeterred by the … Read more

Jeffco Gets Some Advice: ‘Who Can You Sue?’

John Moorlach, who became treasurer of Orange County, California, after it filed the biggest municipal bankruptcy in U.S. history in 1994, has some advice for the new record-holder, Jefferson County, Alabama. Read more