BOSTON -- The scandal involving former financial adviser and investment banker Mark S. Ferber has become a political issue in the Michigan governor's race.

A memo prepared for the Democratic candidate for governor, Howard Wolpe, by his staff describes the scandal that has rocked the municipal bond industry for the past two years and its relation to incumbent Gov. John Engler.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.