Martin Z Braun

February 27, 2019 | Property Casualty 360

Congestion pricing, already in place in Singapore and London, has been debated in New York City for decades.

By Henry Goldman and Martin Z. Braun

6 minute read

July 28, 2011 | Daily Report Online

In the last decade, as a wave of baby boomers began retiring, America's biggest state pension systems earned less than half what they needed to keep up with promises made to millions of graying civil servants. The state of Washington's 3.92 percent return for the 10 years through June 30, 2010, after fees, was the best in a Bloomberg survey of state pensions with more than $20 billion in assets.

By Martin Z. Braun

13 minute read

July 29, 2011 | Daily Report Online

Kenneth Klee was about to go on a Mexican vacation in 1975 when he got a call from his office in the U.S. House of Representatives, where the young lawyer was helping Virginia Republican M. Caldwell Butler rewrite the federal bankruptcy code. New York City was preparing to file bankruptcy in the middle of a fight with city unions over expensive labor contracts.

By Steven Church and Martin Z. Braun

7 minute read

August 19, 2011 | Daily Report Online

A settlement that would let Jefferson County, Ala., avoid the largest municipal bankruptcy in U.S. history hinges on help from a legislature that so far hasn't been willing or able to offer it. Even Jefferson's own lawmakers are divided over Gov. Robert Bentley's proposal to offer the state's moral obligation to back the county's $3.

By Margaret Newkirk and Martin Z. Braun

6 minute read

August 25, 2008 | Daily Report Online

New York Attorney General Andrew Cuomo's auction-rate securities settlements with Wall Street banks show that the man who bills himself as the ''people's lawyer'' favors savers over shareholders. The almost $35 billion of frozen debt that Citigroup Inc., UBS AG, JPMorgan Chase Co., Morgan Stanley and Wachovia Corp.

By Martin Z. Braun

7 minute read

November 06, 2009 | Daily Report Online

JPMorgan Chase Co.'s Charles LeCroy explained to a colleague in 2003 how he planned to keep his job as the chief bond banker to Jefferson County, Ala. "I got to get the politics lined up," he said, according to a complaint filed by the Securities and Exchange Commission on Wednesday. "And, of course, we have to pick the partners who are going to get free money from us this time.

By Martin Z. Braun and William Selway

7 minute read

May 27, 2008 | Daily Report Online

As nighttime temperatures plunged in Birmingham, Ala., last October, Dora Bonner had a choice: either pay the gas bill so she could heat the home she shares with four grandchildren, or send the Birmingham Water Works a $250 check for her water and sewer bill. Bonner, who is 73 and lives on Social Security, decided to keep the house from freezing.

By William Selway and Martin Z. Braun

16 minute read