Friday, January 9, 2009

Mish on Munis

Michael Shedlock warns investors of coming possible muni defaults, 28 December 2008. Buy munis at your own risk, link: http://globaleconomicanalysis.blogspot.com/2008/12/massive-surge-in-municipal-bankruptcies.html.

1 comment:

Anonymous said...

Mish has a good post...

"There may be 36 bankruptcies over the next two years, said Richard Ciccarone, chief research officer of McDonnell Investment Management LLC of Oak Brook, Illinois."

Let's hear the names...