Ed. Note: It’s happened yet again; the annual summer doldrums (See, Coleridge, Samuel Taylor) in which not much of anything seems to be happening. Going a month or so without providing you with substantive content used to stress us out, until we arrived at the Zen-like tranquility resulting from the awareness that we routinely – and gleefully – fail to provide you with any substantive content whatsoever for 12 months of the year.
SIFMA State-by-State Capital Markets Database.
Muni Buyers Grab Billions in Bonds They Won’t See forMonths.
Treasury Guidance on Non-Entitlement Units is Now Available.
Muni Feeding Frenzy Seen Lasting as New Sales Lag Investor Cash.
S&P: Could The Western U.S. Drought Threaten Municipal Credit Stability?
Important Ohio Supreme Court Decision Clarifies Proper Method to Value “Big Box Stores.”
And finally, I’m Not Sure That I Agree With You 100% On Your Police Work, Lou is brought to us this week by Gonzalez by Gonzalez v. City of Jersey City, in which police officers were dispatched to a single-car accident on a Jersey City bridge. Upon arrival they encountered Hiram Gonzalez (a name we can make absolutely no sense of) standing by his wrecked truck and offered him a ride to a nearby gas station while he waited for assistance. Mr. Gonzalez declined, stating, “I am not riding with no Jersey City cops.” Such a charmer, Hiram. Hiram was subsequently struck and killed on the bridge. When the autopsy revealed a BAC of .226%, and eyebrow or two was raised. But, really, what did the cops have to go on other than the symptoms of intoxication resulting from a .226, (“The toxicologist concluded that Gonzalez would have been ‘markedly intoxicated’ when speaking with the police.”), a single-vehicle spinout at 3:24 on a Saturday morning, and the fact that, “Earlier in the evening, Gonzalez had posted pictures of alcoholic drinks on his social media, and an opened bottle of Hennessy was found in his truck after the accident.” I mean, who could have known? Oh, on the advice of counsel and effective immediately, the BCB offices will be relocating to Jersey City, New Jersey. No particular reason.

Bond Case Briefs