Aladdin’s new lamp

April 13, 2012

One of the big players in the fixed income market, BlackRock, is out with news that it will be providing a “crossing platform” to allow the world’s largest institutional players to trade bonds with each other:

Muni bonds for rich seniors

April 25, 2011

When I hear “municipal bonds” I usually think of the “public wealth” being used to assist the less fortunate or being used to build common assets that are available to all the public. But in Massachusetts it’s the very wealthiest that have benefited from public financing.