John Sullivan

John Sullivan News

  • NCAA Championship Contenders Borrow in Biggest Wave: Muni Credit

    The universities of Connecticut and Kentucky, whose men’s basketball teams face off tonight for the national championship, are joining public colleges across the U.S. seizing on the municipal market’s best start since 2009.

  • Final Four Contender UConn to Begin $220 Million Muni Sale Today

    The University of Connecticut plans to sell $220 million of municipal bonds starting today as its teams are set to play this weekend in the Final Four of the men’s and women’s national college basketball tournaments.

  • Lions’ Ndamukong Suh Fined $100,000 for Illegal Block in Victory

    Detroit Lions defensive tackle Ndamukong Suh was fined $100,000 for an illegal block during his team’s season-opening win against the Minnesota Vikings.

  • Bitcoin Meeting, OTC Derivatives, Trump U: Compliance

    A Bitcoin trade group met yesterday with the U.S. Treasury Department’s Financial Crimes Enforcement Network and an array of law-enforcement officials and regulators to discuss oversight of the digital currency.

  • Wall Street Courting Gay Students to Bolster Bottom Line

    Nick Maddock used to assume that being gay could only limit him on Wall Street. Instead, it opened a door.

  • Hudson’s Bay to Sell Toronto Store for C$650 Million

    Hudson’s Bay Co., Canada’s oldest company, said it’s still committed to creating a real estate investment trust after agreeing to sell its main store and adjoining office tower in downtown Toronto for C$650 million ($585 million).

  • Should We Kill the Federal Election Commission?

    Caroline Hunter’s six-year term on the Federal Election Commission expires today. If recent history is any guide, what will happen next is ... nothing. Of the six seats on the FEC, which interprets and administers the nation’s election laws, one is vacant and the others are occupied by commissioners with expired terms. It’s tempting to conclude from this that inertia dominates the FEC but that would be mistaken: The commission is more destructive than mere inertia could possibly allow.

  • Standard Chartered Probe Said to Require Up to $700 Mln

    Standard Chartered Plc might be asked to pay as much as $700 million to resolve money-laundering allegations filed by New York’s banking superintendent after his department grew impatient with inaction by federal regulators, a person familiar with the case said.

  • BofA, Deutsche Bank-Dexia, News Corp., UBS in Court News

    Bank of America Corp., the biggest U.S. lender, has made a preliminary offer to bond insurer MBIA Inc. aimed at settling a legal dispute tied to defective mortgages, according to two people briefed on the discussions.

  • Sony Reports Tech Sales to Iran That May Violate Sanction

    Sony Corp. sold almost $13 million in video and medical equipment to dealers in Dubai that resold the gear in Iran, the company said. The recipients included groups under U.S. sanctions.

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