| Jul 11, 2014
| 12:34 PM
When the three major Wall Street bond rating agencies reaffirmed Maryland's AAA rating last week, Gov. Martin O'Malley issued a news release crediting his administration's "fiscally responsible approach" to budgeting. Given the extent to which Mr. O'...
| Feb 19, 2014
| 11:09 AM
The state pension system is Maryland's financial Achilles heel and has been for decades.
All bond rating services have noted that rising pension debt endangers the state's AAA bond rating, and the Pew Center on the States rates Maryland as among the...
| Nov 13, 2013
| 8:20 AM
Carroll County received positive credit ratings, including one upgrade, from bond rating agencies after the county's annual bond review in New York.
Carroll received a AAA rating, the highest possible, from both Fitch Services and Standard and Poor's...
| Nov 7, 2013
| 11:49 AM
WASHINGTON -- The 16-day shutdown of the federal government last month resulted in $2 billion in lost productivity and, at its peak, left 40 percent of the federal workforce furloughed, according to a report released by the Obama administration Thursday....
| Feb 11, 2013
| 4:33 AM
Harford County officials are preparing to sell $116.9 in bonds on Feb. 19.
The bond issues cover $40 million that is being borrowed for various capital improvement projects and $76.9 million to refinance two previous bond issues from 2005 and 2007,...
| Jan 13, 2013
| 9:29 PM
When Bank of America credit officer Dan Petrik and his team sat down in early 2007 to analyze Sam Zell's plan to take control of Tribune Co., their numbers showed that the complex deal failed to meet five of the bank's 10 lending guidelines.
| Feb 21, 2013
| 6:45 PM
Some members of the Rev. David Carl Olson's congregation are homeless. A few work minimum-wage jobs, he said, but they still cannot afford to leave shelters.
His faith calls him to live in a world with "profoundly more justice," said Olson, who...
| Nov 20, 2011
After a brutal third quarter in which the United States saw an unprecedented downgrade of its credit, many weary investors are staying on the sidelines.
Despite encouraging signs about new unemployment claims in recent days, uncertainty remains as the...
| Nov 16, 2011
| 6:15 PM
Baltimore County has again earned a AAA bond rating from the three major rating agencies, county officials said Wednesday.
Fitch, Moody's and Standard and Poor's have all given the county the highest possible rating, pointing to conservative fiscal...
| Nov 19, 2011
| 3:00 AM
Since the congressional supercommittee appears unable, or unwilling, to take a lesson from Indiana or Virginia -- where Republican governors have made spending cuts and delivered budget surpluses without damaging the social safety net -- members might...
| Dec 15, 2011
| 1:52 PM
Harford County Executive David Craig released a statement explaining his trip last week to meet with three bond-rating agencies in New York, an annual event.
Craig said he spent two days meeting with representatives of Standard & Poor's, Moody's and...
| Dec 31, 2011
Investors had plenty to keep them jittery in 2011. There were the earthquake and tsunami in Japan, economic woes in Europe, and, here at home, politically tinged fiscal showdowns in Washington over deep government spending cuts.
Still, the stock market...