Story | Jan 23, 2015 | 9:00 PM
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Story | Jan 26, 2015 | 11:17 AMThe Brooklyn Board of Finance reviewed the draft of an audit report at their monthly meeting on Jan. 21. Thomas Marien and Soracha McGurran-Petersen of O'Connor and Davies led members through an exit conference for the year ending June 30, 2014. The report showed the town was in good financial standing, but recommended changes be made to some town policies and procedures.
Story | Jan 23, 2015 | 10:53 AM
Wall Street is looking at Atlantic City's financial future, and doesn't like what it sees. Moody's Investors Service on Friday lowered Atlantic City's bond rating by six steps, from Ba1 to Caa1, which is deep into junk territory. The move came a day...
Story | Jan 23, 2015 | 11:35 AM
PHILADELPHIA Following Gov. Chris Christie's appointment of an emergency manager to straighten out Atlantic City, N.J.'s finances, Moody's Investors Service on Friday downgraded the city's debt to a level that warns investors of a high risk of default....
Story | Jan 22, 2015 | 8:03 AM
Standard & Poor's agreed on Wednesday to pay the U.S. government and two states more than $77 million to settle charges tied to its ratings of mortgage-backed securities. In its first enforcement action against a major rating agency, the Securities and...