Topic: Larry Langford

Factbox: Timeline on debt crisis in Alabama's Jefferson County

(Reuters) - Alabama's Jefferson County is on Thursday set to decide whether to pursue further talks with creditors over a $3.2 billion sewer bond debt or opt for the largest municipal bankruptcy in U.S. history.Following is a timeline of ...

Alabama county can proceed with JPMorgan suit

BIRMINGHAM (Reuters) - Alabama's indebted Jefferson County can move forward with a suit against JPMorgan Chase and others it accuses of selling it corrupt financial products, the state supreme court said on Friday.The county is suing JPMorgan, its principal creditor, in ...

Larry Langford Arrested

Birmingham, Alabama, Mayor Larry Langford was arrested by the FBI on federal charges on Monday, December 1, 2008. Langford, who was elected mayor in 2007, has been under investigation by the Securities and Exchange Commission (SEC) for payments made to him while ...

Larry Langford

Larry Langford is the former mayor of his hometown of <a href=" Prosecutors had claimed that that Langford was bribed by two associates with money, clothes and jewelry. He will begin serving his sentence on April 5 .The Securities and Exchange Commission ...

Larry Langford Trial

Birmingham , Alabama , Mayor Larry Langford was convicted on October 28 , 2009 , on federal corruption charges, including bribery , conspiracy and fraud . In exchange, Langford funneled more than $7 million in bond business to Blount.

Blount LaPierre Get Four Years in Jefferson County Case

The article reports on the judgment of District Judge Scott Coogler on the bribery conspiracy case of Montgomery bond dealer Bill Blount and lobbyist Al Lapierre in Alabama. Prosecutors said both men participated in a bribery conspiracy with former Coun- ty Commission ...

Lawsuit Aims to Invalidate Jefferson ARS Swaps

The article reports on the lawsuit asking a court to invalidate $2.2 billion of sewer auction-rate securities issued by Jefferson County, Alabama. The suit requested to set aside the county's Series 2003B and C sewer bonds and swap transactions because ...

We Will Appeal Say Attorneys For Former Birmingham Mayor

The article reports on the decision of the lawyers of Birmingham, Alabama Mayor Larry Langford to appeal his conviction on federal charges. The VHDA is the first housing finance ageney that escrowed proceeds from (he sale of bonds to Treasury through Fannie ...

GENERAL OBLIGATION YIELD CURVES FOR JAN 19 2010

A chart is presented depicting the yield curves for general obligation bonds in several states in the U.S. for January 19, 2010. - Shelly Sigo FLORIDA Delayed Miami Deai OK'd Miami commissioners late last week approved the sale of $92 million ...

ALABAMA Bell Takes JeffCo Helm

The article reports on the victory of Jefferson County commissioner William Bell as mayor of Birmingham, Alabama. - Shelly Sigo FLORIDA Delayed Miami Deai OK'd Miami commissioners late last week approved the sale of $92 million of bonds to build parking facilities ...