local government – Page 6 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

What QE3 could look like

Spain: Debt Problems Worse Because of Local Government

Are Michigan and Illinois like Greece and Ireland?

Is China’s hard landing already happening?

Steve Waldman on the futility of blogging and the monopoly of lobbyists in policy making

Ignorance and Opportunity

The Exponentiality of Municipal Costs (and Some Advice for Endowments and Foundations)

Jeffrey Gundlach cautious on High Yield, also sees Munis 15-20% lower

A Municipal Score Card

Kyle Bass: At municipal level, it’s “open season for defaults”