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Municipal Bonds

Gillian Tett: Sovereign Debt Could Be The Next Subprime

Gillian Tett | Posted 11.23.2009 | Business

Read More: Municipal Bonds, Collaterized Debt Obligations, Financial Crisis, Government Bonds, g20, Recession, Fiscal Policy, Treasury Bonds, Business News

These days, there is a near-unanimous belief among western regulators that one way to prevent a repeat of the 2007-08 crisis is to stop banks taking c...

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The Approaching Muni Bond Collapse

Garrett Johnson | Posted 11.05.2009 | Business

Read More: State Budgets, Municipal Bonds, Economy Bonds, Muni Bonds, Economy, Muni Bond Collapse, Recession, Economic Collapse, Business News
Garrett Johnson

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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JPMorgan Settlement: Bank To Pay SEC Over $700M Over Charges Of Illegal Payments

AP | MARCY GORDON | Posted 11.05.2009 | Business

Read More: Charles LeCroy, JPMorgan Settlement, JPMorgan Chase, Municipal Bonds, Sec, Jefferson County Alabama, Douglas MacFaddin, Securities and Exchange Commission, Business News

WASHINGTON — JPMorgan Chase & Co. has agreed to pay $75 million in fines and forfeit $647 million in fees to settle federal regulators' charges ...

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California: $6.5 Billion Bond Sale

Bloomberg | Jeremy R. Cooke | Posted 04.25.2009 | Business

Read More: California Economy, Municipal Bonds, California Municipal Bonds, California, Municipal Bonds California, Business News

March 25 (Bloomberg) -- California sold the biggest U.S. tax-exempt bond issue in almost five years to jump-start capital spending after tight credit ...

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Kit Taylor: Derivatives Should Have Been Regulated

Bloomberg | Darrell Preston | Posted 04.25.2009 | Business

Read More: Kit Taylor, Municipal Bonds, Municipal Bond Market, Derivatives, Derivative Regulation, Municipal Bonds Derivatives, Regulating Derivatives, Christopher Kit Taylor, Christopher Taylor Municipal Bonds, Business News

March 25 (Bloomberg) -- The former chief regulator for the $2.69 trillion municipal bond market for the first time acknowledged that the governing boa...

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Muni Bonds Pay-to-Play

John Tepper Marlin | Posted 02.09.2009 | Business

Read More: Municipal Securities Rulemaking Board, Sec, Municipal Bonds, Pay-to-Play, Arthur Levitt, Obama Transition, Business News
John Tepper Marlin

The municipal bond market still seems to be rigged in favor of those who "pay to play." It's been that way for 40 years. Why not clean up this part of the financial mess while you are cleaning up the rest?

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Ambac Split Avoided in Capital Plan

AP | STEPHEN BERNARD and MICHAEL GORMLEY | Posted 03.28.2008 | Business

Read More: Ambac Shares, Municipal Bonds, Ambac Bailout, Triple a Rating, Common Stock, Ambac Rating, Ambac, Ambac Financial, Ambac Triple a Rating, Bond Insurers, AAA Rating, Business News

NEW YORK — Ambac Financial Group Inc.'s plan to try to sell $1.5 billion in stock in a bid to safeguard its critical "AAA" financial-strength ra...

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This Crisis Has Many Faces

Ron Insana | Posted 03.28.2008 | Business

Read More: Global Stock Market, U.S. Economy, Municipal Bonds, Bad Investments, Wall Street, Foreclosures, Subprime Mortgages, Paul Muni, Financial Market Crisis, Monolines, Business News
Ron Insana

As foreclosures have mounted and bank lending has become extremely scarce, consumers have begun pulling in their horns, bringing the U.S. economy to the brink of recession.

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