MuniLand Snaps: January 30, 2012
In the Great Depression, there were municipal defaults on a vast scale. Those defaults are brilliantly mapped here by Marc Joffe of Public Sector Credit Solutions.
Bond Buyer: White House walks back idea to remove tax exemption from muni bonds
Bloomberg: S&P rejiggers U.S. local-government general obligation rating method
HuffPo: CFTC’s message to municipalities: caveat emptor
Morningstar: Assessing municipal closed-end funds performance
Fitch Ratings: Spreadsheet of 147 Fitch re-ratings of munis and TOBs
Dow Jones: Muni investors turn up nose at Glendale, AZ “hockey bonds”
Patriot News: If Pennsylvania is broke, how does it have $100 million to buy the Forum Place?
GovTech: New York City is testing parking sensors