As you watch this of video Harrisburg Mayor Linda Thompson trying to justify why she is suing her own City Controller Dan Miller over a minor issue, you can understand…
The impressive rally in municipal bonds that started in mid October has run its course, according to our friends at Morgan Stanley. For the past six weeks, the market has…
The tax-free municipal bond market looks vastly different as we head toward the end of the second quarter of 2011 than it did when we were in the middle of…
Two well professors are proposing that states and localities create a national nonprofit institution that would provide issuers with independent advice on bond financings, help them disclose standardized information and…
One mans’ garbage is another mans gold. The painful truth is that as muni debt increases, so do the risks that someday it will be politically, economically and financially worthwhile…
Vallejo, California, the biggest U.S. city in bankruptcy, won court permission to send its exit plan to creditors, its municipal bondholders for a vote after retired workers dropped their objections….
Investors in Municipal Bonds have a powerful new tool in their portfolio analysis arsenal. BondView, LLC, a leading provider of Municipal bond portfolio analysis and market data, has launched the…
There is good news and bad news from the Chicago Federal Reserve which said that 2011 will be a tough year in local government finance. Minimal growth or outright declines…
Peter Demirali is a portfolio manager and heads Cumberland’s taxable fixed income area and is a long time veteran of taxable fixed income markets. He is a member of Cumberland…
Japan’s has begun severing the global vice grip of the 3 major credit raters. Make no mistake, the “Keystone Cops” ( Moodys, S&P and Fitch) once powerful influence over nations,…