Category Archives: Muni bonds

The ‘rainmaker’ and the Senate

Posted on July 18, 2010 by hro50ta1

Here, followed by my introduction, is the 1992 Detroit Free Press article that set off the “Sewergate” scandal in Canton, Northville and Plymouth townships. I reprinted it on May 29, 2010, and now that one of the key actors is … Continue reading →

Posted in Bad government, Muni bonds | Tagged , , , | Leave a comment

Rainmaker

Posted on July 17, 2010 by hro50ta1

By Joel Thurtell Well, well. So Abe Munfakh, the “self-made man,” is running for state senate. Seems just yesterday that his $10 million inside deal — the no-bid contract his engineering firm received from the Western Townships Utilities Authority while … Continue reading →

Posted in Bad government, Muni bonds | Tagged , , | Leave a comment

Turning rain into smoke

Posted on July 12, 2010 by hro50ta1

By Joel Thurtell Mostly, I let people post comments on JOTR without adding my two cents. Now and then, though, a comment will contain some quality that seems to cry out for my reaction. It may be very interesting, very … Continue reading →

Posted in Adventures in history, Adventures on the Rouge, Bad government, Lakes and streams, Muni bonds, Politics | Tagged , , , , | Leave a comment

Muni ripoffs — same old same old

Posted on January 9, 2009 by admin

By Joel Thurtell I was perplexed this morning, January 9, 2009,  as I read a New York Times story claiming to offer “a rare glimpse into a long-simmering investigation of…wrongdoing throughout the municipal bond business.” The practice of bond sales … Continue reading →

Posted in CAB scams, Muni bonds | Tagged , , , , , , , | 5 Comments