Teacher concessions part of Flint School District plan to erase $22 million

Teacher concessions part of Flint School District plan to erase million
We did not get a loan. We have not missed a pay date yet.” Watkins said he wasn’t sure when the district would be hearing back from the state on whether it will be approved or not. He said the district has enough funds to pay the payroll for December …
Read more on MLive.com

CLO market sees future in consolidation
Meredith Coffey, executive vice president at the Loan Syndications and Trading Association, reckons the US CLO market could contract by 60% if risk retention rules are not changed. The lobbying group points out that the 5% required retention on each …
Read more on Reuters

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