Everyone knows that retail investors play a major role in the municipal bond market. But the power of retail investors to turn the tide in munis was never before as evident as it was last month.
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People often think of bonds as being low risk. They are lower risk than stocks, but they are still subject to all sorts of different potential problems.
If you think Libor fraud is a victimless crime, the muni-bond market has 6 billion reasons it begs to differ.
States, cities and other municipal bo...
U.S. securities regulators are probing whether some mutual funds have overstated the value of thinly traded risky municipal bonds at a time when inves...
JPMorgan feeds on our hunger with its lucrative food stamp card business. And AIG gets into the game of letting strangers bet on your life. Why shouldn't hedge funds make a little extra dough from the collapse of your hometown?
Meredith Whitney's unsupported claim on 60 Minutes gives muni-problem-deniers ammunition to claim there is no substance to the argument that there are serious problems with certain muni bonds.
The American real estate boom turned Vallejo, California -- previously known for little more than the freeway that runs through it -- into a hot prope...
Monoline insurance companies got greedy and wanted a piece of the sub-prime action. They started backing sub-prime mortgage-backed securities. Soon the mortgages blew up.
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