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Ossining receives ‘positive’ bond outlook from Moody’s

Moody’s Investors Service raised its outlook for the town of Ossining to “positive” while maintaining the town’s Aa3 bond rating following a recent review of the town’s finances.

Moody’s move sparks debate

After Moody’s downgraded 15 major banks on June 21, the debate began. Should banks’ credit ratings be cut now, while the industry is in somewhat...

Morgan, Citi may look to speed up joint venture buyout

Morgan may seek to buy Citigroup’s stake in Morgan Stanley Smith Barney – worth $10 billion – now rather than in 2014.

Planes, trains and DNA

John Stafstrom Jr. has handled the legal paperwork on some of Connecticut’s knottiest public finance deals.

Jepsen’s focus turns to investors

Following February’s $25 billion mortgage settlement, Connecticut Attorney General George Jepsen is going after the credit rating agencies.