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July 25, 2017

Connecticut’s Retirement Funds Increase In Value

by Christine Stuart | July 25, 2017 10:30am

Christine Stuart / ctnewsjunkie file photo HARTFORD, CT — Preliminary investment returns show that Connecticut’s Retirement Plans and Trust Funds exceeded expectations in 2017.

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July 12, 2017

Standard and Poor’s Downgrades Hartford Bonds To Junk Status

by Christine Stuart | July 12, 2017 5:30am

Sean Pavone via shutterstock HARTFORD, CT — Standard and Poor’s downgraded Hartford’s bonds Tuesday to junk status.

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May 18, 2017

Another Day Another Wall Street Rating Agency Downgrade

by Christine Stuart | May 18, 2017 10:00am

shutterstock It’s been sort of a streak. Three Wall Street rating agencies have downgraded Connecticut’s creditworthiness in the last five days.

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December 5, 2016

Lembo Sums Up Connecticut’s Budget Crisis For Business Leaders

by Jack Kramer | December 5, 2016 6:30am

Courtesy of CT-N NORWALK, CT — Comptroller Kevin Lembo knew he was playing to a tough crowd when he agreed to talk to a group of Connecticut business leaders about the state of the state’s economy.

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December 2, 2016

Wall Street Ratings Agency Changes Outlook for Connecticut Bonds Citing Fixed Costs

by Christine Stuart | December 2, 2016 6:30am

Elnur/Shutterstock One of the Wall Street ratings agencies downgraded its outlook of Connecticut’s general obligation bonds citing fixed costs and a stubborn budget deficit.

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October 3, 2016

RBS Settles Mortgage-Backed Securities Complaint With Connecticut

by Cara Rosner | October 3, 2016 10:02pm

Lucian Milasan / Shutterstock.com RBS Securities Inc., a subsidiary of the Royal Bank of Scotland, will pay Connecticut $120 million - the largest single state settlement ever - to resolve allegations the bank’s handling of mortgage-backed securities directly contributed to the 2008 financial crisis.

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July 19, 2016

Third Wall Street Firm Downgrades Connecticut’s Bonds

by Christine Stuart | July 19, 2016 5:20pm

shutterstock As of Tuesday, three of the four Wall Street credit rating agencies have downgraded Connecticut’s bonds since May.

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July 15, 2016

OP-ED | Sanders Delegates Fight for Public Education and Civil Rights in Democratic Platform

by Sarah Darer Littman | July 15, 2016 8:00am

While Bernie Sanders supporters mourn his endorsement of Hillary Clinton, they should take real comfort that his delegation helped public education activists make an impact on the Democratic Party platform.

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July 14, 2016

Connecticut Drops 10 Spots In National Survey on Business Rankings

by Cara Rosner | July 14, 2016 10:30am

Connecticut is 43rd in the nation in CNBC’s 2016 Top States for Business rankings, sliding 10 spots from last year.

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July 12, 2016

Malloy Defends Borrowing, Calls It An Investment

by Christine Stuart | July 12, 2016 12:53pm

Christine Stuart photo Democratic Gov. Dannel P. Malloy made no apologies for borrowing $188.6 million for a variety of projects, including a bronze statute of the late Walter ‘Doc’ Hurley and a monument to the 65th Infantry Regiment known as the Borinqueneers.

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