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Entries tagged "municipal default"

Teaching Detroit educators a fiscal lesson

While Detroit officials may be looking toward a Chapter 9 filing to steer the Detroit Public School System away from financial ruin, some feel that the move could ultimately do more harm than good.


Motown's troubled school daze

With two of the city's icons in bankruptcy, Detroit's public school system could be next to go under.


California, its municipalities hit the skids

With a $24 billion budget deficit, California certainly seems to be on its way to a major financial crisis. And many of its municipalities are on bankruptcy's precipice, too.



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Inside The Deal: Avaya Inc.'s Mohamad Ali on the company's next target.

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Industry Insight

Managing your shareholder base

By Bradford P. Weirick and Joelle Khoury, Gibson Dunn

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


Industry Insight

Easing the stress of distressed M&A

By Derek Watson, KPMG

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

By Robert Teitelman

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.



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