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Texas Utility Bonds, $150 million of debt securities.
TAX-EXEMPT MONDAY Northwest Independent School District, Tex., $75 million of general obligation utility bonds.
FRIDAY Novi Community Schools, Oakland County, Mich., $75.6 million of general obligation utility bonds.
TUESDAY City of Industry, Calif., $62.2 million of general obligation utility bonds.
Leander, Tex., Independent School District, $65.6 million of general obligation utility bonds.
Personality sketches of imaginary people based on a man who specializes in public utility bonds, a Russian nobleman, a Spanish portrait painter and a hunter who can remember the country only by the animals he has shot there and the food he has eaten View Article By Rivka Galchen By Jia Tolentino By Malcolm Gladwell By David Remnick.
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"Of the 19 applications at the N.R.C., 90 percent have had some type of delay or cancellation, run into a design problem, suffered cost increases and/or had the utility bond rating downgraded by Wall Street".
"No utility bond defaulted during the 1930s, while virtually all the railroad bonds defaulted," he says.
Ambac, which is one of the largest U.S. corporate and municipal bond insurers, said it may exit certain businesses, but it will continue to insure student loans, utility bond issues and certain other structured finance issues, as well as hospitals, roads, schools and financing for other issues.
Tells how in the mid-thirties he began hauling himself back up the financial ladder through the underwriting of railroad & utilities bonds.
Indiana Finance Authority, $1.02 billion of wastewater utility revenue bonds.
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