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)
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