Tag Archives: municipal bonds

I am often amused by the progressive bias [in favour of] smaller [investment banking] firms [and against] megabanks. It was the good old boys at the smaller firms that JP Morgan and other banks used to gain access to local … Continue reading

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on Dauphin County, Pennsylvania’s bankruptcy filing

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Municipal Revenue Insurance

Cities, counties, and states are dangerously close to defaulting on their bonds — so they say. The problem is widespread because tax revenues (income & even property) are as volatile as the local economy, but spending needs to be stable. … Continue reading

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