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  1. The aggressive underwriting has drawn rebukes from Senator Elizabeth Warren, former Federal Reserve (Fed) Chair Janet Yellen and Governor of the Bank of England Mark Carney.

  2. States, Cities Forgo Projects to Keep Glittering Balance Sheets

    Bloomberg via Yahoo FinanceJun 14 10:00 AM

    It also has $390 million of work it wants to do on its infrastructure. “We have a lot of people politely asking, ‘You’re a AAA city and your roads are terrible,’” said Vijay Kapoor, a city councilman ...

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