Friday, October 14, 2011

Investors apparently have a finite capacity when it comes to panicking.

Muni meltdown? No. But don't ignore risks

It's a bit curious in light of some sobering developments in the world of munis recently. This week, Harrisburg, Pa., filed for bankruptcy. That news comes on the heels of the emergency bailout of Franco-Belgian bank Dexia, which is a guarantor of municipal bonds in the U.S.

Posted by mark @ 08:27 PM (1059 views)
Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>