Municipal Defaults May Surpass Record in 2011, Lehmann Says - Busine...

12/06/11

Municipal Defaults May Surpass Record in 2011, Lehmann Says
BusinessWeek
s Chapter 11 filing push the total to more than double the previous mark, said Richard Lehmann, publisher of the Distressed Debt Securities Newsletter. Adding tobacco debt sold by states such as California and Ohio as well as AMR-backed munis, ...

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