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HomeWill States, such as California, File Chapter 9?
Posted by Larry Doyle on December 3rd, 2010 6:38 AM |
Are those large waves roiling the world of municipal finance–and centered on California–to be feared?
Are they an indication of an oncoming tsunami? Or are they to be discounted and taken as just another “Hey, dude, don’t worry. Surf’s up!!”
Well, perhaps those less concerned about what is just ‘off the coast’ may care to ‘break out their boards’ but prudence dictates we take a harder look at what is causing the recent waves in the world of municipal finance. These factors include: (more…)
