As we close 2008, one of the biggest stories of the year, the auction rate security meltdown, comes full circle. Pimco, a company roundly criticized for not redeeming investor money locked in...
The tremors of the housing market and credit credit crisis hit another type of investment this week, the auction rate security market. The Wall Street Journal and several other business magazines...
There is a class of auction rate securities - SLARS - that are causing many of the problems in the ARS market. Their auctions have failed and they have low reset rates. The investment banks are...
There has been a lot of discussion recently on the different yield between AAA municipal bonds and lower rated munis. A paper by the Fed seems to indicate that if you plan on holding on to your...
Marketwatch recently posted an article about the attractiveness of Municipal Bonds, pointing out that some long-term munis pay a tax equivalent rate of over 7%. But investors should consider...
John Moorlach said in 1994 that Orange Country was headed for bankruptcy and six months later they files. Now, he says that at least 10 municipalities are headed for trouble in 2009.
It used to be that one sure way to put away chunks of money safely and enjoy double or triple tax free income was to invest in municipal bonds. Sure, you paid a slight premium to buy triple A...
Many analysts and investor watch dog groups are saying that municipal bond issuers are not providing enough information to their investors. Issuers are only required to file an annual report but...
Article | Updated Oct 10, 2008 | Views: 102 | Comments: 0 Tags: municipal bonds, munis
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