November 9: Muniland Snaps

November 9, 2011

Once there were seven municipal bond insurers rated AAA who insured over 57% of municipal bonds in 2005. Now there are two AA bond insurers and they insure about 5% of new municipal bonds. Source: Daniel Berger, Thomson Reuters Muncipal Market Data

Good Links

Bloomberg: U.S. voters approve over $10 billion in new bond issues of the $16.5 billion on ballots

Princeton Patch: After decades of debate, Princeton, NJ votes to consolidate borough and township

MSRB: Hey state and local governments: here is your toolkit for best practices on debt issuance

MSRB: And here’s “Issuer Education” for state and local govts (best materials out there)

Bloomberg Radio: Muniland legend Lebanthal says every portfolio needs muni bonds

NYT: As states move to contract workers, complications arise

Dani Rodrik: California and Greece are not two sides of the same coin

The California Fix: More on why California is certainly not Greece

@Twitter Talk

umair haque @umairh umair haque   No offense to anyone, but I can’t quite believe I just read this. Tax the middle class more, right now?

Mark Knoller @markknoller Mark Knoller   The Exec Order Pres Obama issues today calls for 20% reduction in govt spending on travel, cell phones, iPads & swag.

Barrett and Greene @GreeneBarrett Barrett and Greene  College grads in 2010 owed an average of $25,250 — up 5% from 2009

Reynolds Center @BizJournalism Reynolds Center  Ohio voters reject Republican-backed union limits..

Amy Resnick @AmyResnick Amy Resnick   Princeton consolidation vote points to how localities can find ways to save money. Definitely progress.

Cate Long @cate_long Cate Long    FACTBOX-Municipal bond issuers with widest credit #muniland bad boys…

No comments so far

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see