Muni Bankruptcies Foreshadow 'Disturbing' Trend, Schotz Sa...

10/19/12

Muni Bankruptcies Foreshadow 'Disturbing' Trend, Schotz Says
Businessweek
Bankruptcy filings from California cities such as Stockton, San Bernardino and Mammoth Lakes are “disturbing” and may foreshadow major changes in the $3.7 trillion tax-exempt market, said Jon Schotz, managing partner at Saybrook Capital in Santa Monica ...

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