Relevant:
- Muni Bonds Lose Buyers As Credit Crisis Spreads
- Move over, Puerto Rico. Illinois, New Jersey and other states face municipal bond woes, too
- Don't Forget America's Failed States
- Orange County Official Calls California The "Frog In The Sub-Prime Frying Pan", Sees Risk Of Muni Default Crash
- Distressed Bonds Increase Most Since 2003, Led by WCI
2010-07-08 — blogspot.com
"The pressure on state and muni bonds is increasing, and we haven't even entered the first inning of that one, the players are still tossing balls in the outfield."
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