Money: Investors versus Pension Funds

04/01/2013 Big news in the world of municipal finance today. A federal bankruptcy court gave the thumbs-up to the City of Stockton, California, to file bankruptcy. Not many local governments have availed themselves of that option, so this is an interesting case to watch. The big fight is between the city’s bond holders and employee … Read more

Issue: Transparency – Government Information

04/10/2012 Last night I gave a presentation on Missouri’s open records and meetings law to a group of elected officials. I opened with a quote from President James Madison, who on August 4, 1822, stated: “A popular government, without popular information, or the means of acquiring it, is but a prologue to a farce or … Read more