More Muni Issuers Are Making Banks Compete to Win Bond Deals.
MSRB Offers Remote Municipal Advisor Principal Exam.
Fitch: USPF Exposed to the Same Factors Pressuring the US Sovereign
S&P: Uncovering Local-level Risk Factors for Municipal Exposures
Pimco Veterans Look to Shake Up ‘Old School’ Muni Loan Market.
MSRB Research Paper on the Taxable Municipal Bond Market.
GFOA 2021 GAAP Update.
And finally, Bismarck, Otto van Bismarck, is brought to us this week by Smith v. Isakson, in which Eric Smith was found guilty of violating a Bismarck ordinance restricting the use of public grounds without a permit after a mall and fast-food restaurant repeatedly asked Mr. Smith to remove his flags, banners, and assorted merchandise promoting the campaign of a particular presidential candidate from the property. (Don’t ask us, could have been any number of presidential candidates.). The penalty for this particular infraction is $100. There exists no possibility for jail time. Nevertheless, in a move no one could have seen coming from an individual already deemed a vexatious litigant (Is there a better two-word combo in the English language? Moist Towelette?) by the Supreme Court of North Dakota, Mr. Smith sued the mall for $500k (pro se, natch) and managed to (once again) take his case to the state supreme court. Our deepest, deepest condolences to the DAs who will now be required to provide Mr. Smith with a jury trial. You ever deal with a pro se litigant? Think clown-car towing rabid monkeys barreling head-long into a tanker truck of human waste. And finally, finally, when even Chick-fil-A wants you off its property, please take this as a sign that it’s time for a long dark night of political soul-searching.

Bond Case Briefs