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16 results on '"Jefferson County, Alabama -- Finance"'

3. S&P Removes Rating On Ala. School Bonds

Author

DeSue, Tedra

Subjects
Jefferson County, Alabama -- Finance, School boards -- Finance, Bonds -- Evaluation, Banking, finance and accounting industries, Business
Abstract

ATLANTA - Standard & Poor's yesterday withdrew its BBB-plus credit rating on the Jefferson County, Ala., Board of Education's $75 million of general obligation bonds, after considerable questions were raised [...]

Published
2000

4. Alabama's Largest County May Declare Bankruptcy

Subjects
Jefferson County, Alabama -- Finance, Bankruptcy, United States economic conditions, Company financing, Company bankruptcy, Business
Abstract

Commissioners in Jefferson County, Ala., are expected to vote Thursday on whether to declare the largest municipal bankruptcy in U.S. history. The county, which is home to Birmingham — Alabama's [...]

Published
2011

5. Deal in Focus: Florida, Alabama Issuers Mull Impact of IRS Regulations

Author

McEntee, Jim and Molis, Christopher

Subjects
United States. Internal Revenue Service -- Laws, regulations and rules, Jefferson County, Alabama -- Finance, Escrows -- Laws, regulations and rules, Banking, finance and accounting industries, Business
Abstract

By McEntee, Jim Molis^Christopher Two Southeast issuers who are advance refunding their bonds are considering what affect, if any, new Internal Revenue Service regulations governing the pricing of escrow accounts [...]

Published
1999

6. Alabama County Faces Bankruptcy

Subjects
Company bankruptcy, Company financing, Company legal issue, Bankruptcy -- Cases, Jefferson County, Alabama -- Finance
Abstract

To listen to this broadcast, click here: http://www.npr.org/templates/story/story.php?storyId=89476133 MICHELE NORRIS, host: There's been a lot of news recently about bankruptcy from individuals to big investment firms. Well, how about a [...]

Published
2008

7. A County in Alabama Strikes a Bankruptcy Deal

Author

Walsh, Mary Williams

Subjects
Jefferson County, Alabama -- Finance, Local finance, Bankruptcy, Company financing, Company bankruptcy, General interest, News, opinion and commentary
Abstract

The interest due on the sewer debt shot up during the financial turmoil of 2008, and the repayment schedules accelerated sharply, leaving the county unable to pay. The repairs went [...]

Published
2013

8. Experts: JeffCo's woes mean spike in Alabama's debt costs

Author

DeButts, Jimmy

Subjects
Jefferson County, Alabama -- Finance, Local finance -- Influence, Public debts -- Forecasts and trends, Public debts -- Influence, State bonds -- Marketing, Company financing, Market trend/market analysis, Company marketing practices, Business, Business, regional
Abstract

Alabama's financial reputation has been tarnished by Jefferson County's sewer bond payment defaults since wary bond investors were not distinguishing the county's problems with the state's financial health. The failure of state bonds to attract open-market bidders has eliminated cost-saving competition, which increases interest rates and insurance premiums. Insights on Alabama's bond offerings are also given.

Published
2009

9. Cities' bankruptcies should awaken nation

Author

Malveaux, Julianne

Subjects
Harrisburg, Pennsylvania -- Finance, Jefferson County, Alabama -- Finance, Local finance, Local budgets -- Management, Bankruptcy, Company business management, Company financing, Company bankruptcy, News, opinion and commentary
Abstract

Byline: Julianne Malveaux What is happening in a handful of municipalities across the country doesn't bode well for the nation's economic health, either. Two municipalities have filed for bankruptcy protection [...]

Published
2011

10. Bankruptcy Rarely Offers Easy Answer For Counties

Author

Robertson, Campbell, Walsh, Mary Williams, and Cooper, Michael

Subjects
Jefferson County, Alabama -- Finance, Local finance -- Evaluation, Municipal bankruptcy, County government -- Finance, Company financing, General interest, News, opinion and commentary
Abstract

BIRMINGHAM, Ala. -- When Alabama's Jefferson County filed for the largest municipal bankruptcy in American history this week, it looked a little like another domino had fallen. Harrisburg, the capital [...]

Published
2011

11. Alabama Governor Fails to Prevent Jefferson County's Record $4 Billion Bankruptcy Filing

Author

Walsh, Mary Williams

Subjects
Jefferson County, Alabama -- Finance, Local finance, Debt, Bankruptcy reorganizations, Company financing, Company bankruptcy, General interest, News, opinion and commentary
Abstract

Last-ditch efforts by the governor of Alabama to prevent a record-breaking municipal bankruptcy in his state broke down on Wednesday, as the Jefferson County Commission voted 4 to 1 to [...]

Published
2011

12. Jefferson Cty. bankruptcy cuts library funding

Subjects
Jefferson County, Alabama -- Finance, Public libraries -- Finance, Library finance, Company financing, Library and information science
Abstract

The bankruptcy of Jefferson County, AL, is leaving in its wake a trail of collateral damage to services, libraries included. Until the current crisis, the Jefferson County Library Cooperative (JCLC) [...]

Published
2012

15. Mayor in Alabama faces an investigation by the SEC

Author

Scannell, Kara

Subjects
United States. Securities and Exchange Commission -- Investigations, Jefferson County, Alabama -- Finance, County government -- Finance, Fraud -- Investigations, Administrative agencies -- Investigations, Mayors -- Investigations, Governmental investigations, Company legal issue, Company financing, News, opinion and commentary
Published
2008

16. In Jefferson County, Ala., pressure grows over swaps

Author

Karmin, Craig and Rappaport, Liz

Subjects
Jefferson County, Alabama -- Investments, Jefferson County, Alabama -- Services, Jefferson County, Alabama -- Finance, County government -- Investments, County government -- Finance, County government -- Services, County services -- Finance, County services -- Service discontinuation, Derivatives (Financial instruments) -- Investments, Investments -- Analysis, Investments -- Finance, Local finance -- Analysis, Company investment, Company financing, News, opinion and commentary
Abstract

Jefferson County, Alabama must find new sources of funding or decide on cuts to public services after it could not produce almost $200 million to extend a derivatives trade. The banks involved have not terminated the deal, as is their right, and the county has asked them not to do so.

Published
2008

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