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A Bold Individual Surety Claims His Coal-Backed Bonds are Rock Solid
2013-02-20 19:48:46| ENR.com: Headline News
Individual surety has had plenty of shady dealings. One of the regulars in the field, Robert Joe Hanson, has received cease-and-desist orders for insurance-related violations in at least 10 states in as many years. His latest scrape with the law came last year in Montana, where state regulators accused him of selling bogus surety bonds to Native American contractors under a new alias, Chief Joe Blue Eyes. Created by federal regulations for small contractors as an alternative to more risk-averse corporate sureties, individual sureties are people willing to provide payment and performance bondsguarantees made in exchange for a premium based on a small percentage of the contractto small firms that would otherwise fail to qualify for public-works projects.
Tags: rock
individual
claims
solid
Asian Dollar Bonds to Get M&A Boost as Citic Telecom Plans Notes
2013-02-18 13:53:58| IT Services - Topix.net
Citic Telecom International Holdings Ltd. is planning a U.S. dollar-denominated bond sale to help pay for a stake in Macau's monopoly landline operator.
Tags: notes
plans
dollar
asian
Softbank to Sell 300 Billion Yen in Bonds to Finance Sprint Deal
2013-02-06 13:31:16| IT Services - Topix.net
Softbank Corp. , the Japanese carrier that agreed to buy a $20 billion stake in Sprint Nextel Corp.
Tags: sell
finance
deal
billion
Bonds used by some school districts come with a big cost
2013-01-31 15:45:00| American School & University
Capital appreciation bonds enable districts to put off payments for many years, but the overall cost of paying back the bonds can be exorbitant Schoolhouse Beat read more
Legislators pushing for bonds to cover Kemper plant costs
2013-01-31 08:23:51| Energy - Topix.net
Lawmakers are advancing a proposal to let Mississippi Power Co. sell bonds to cover expenses above $2.4 billion at the Kemper County power plant it's building.
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