Texas public charter schools, the fastest-growing part of the state’s education system, are poised to see their bonds go to top grade from near junk as a $33 billion fund backed by oil revenue prepares to guarantee the securities for the first time.
As many as 50,000 stray dogs roam the streets and vacant homes of bankrupt Detroit, replacing residents, menacing humans who remain and overwhelming the city’s ability to find them homes or peaceful deaths.
The yield penalty on Michigan’s debt has climbed 40 percent in less than two weeks as defaults by Detroit and two school districts lead investors to question the state’s commitment to protect bondholders.
Former Deutsche Bank AG Hollywood banker Brian Mulligan sued the Los Angeles Police Department, alleging he was severely beaten, illegally detained and wrongfully accused of using a drug known as bath salts.
Tim Berners-Lee, inventor of the World Wide Web, said today that the prosecution of Aaron Swartz, an Internet activist who killed himself while facing computer- fraud charges, was a “travesty of justice.”
Former Deutsche Bank AG media banker Brian Mulligan’s civil rights lawsuit alleging that Los Angeles Police Department officers beat and illegally detained him should be dismissed, one of the officers said.