Born into a Big 5 investment banking family, I quit organized financial racketeering to go straight. MacDougal Irving is my Blogger Protection Identity, and I am a retired Certified Public Accountant and, like all of us, a badly misinformed investor. These are my observations on capital market cons as they were explained to me across the dinner table as a kid.
July 26, 2013
The Nightmare Scenario in General Obligations - We Couldn’t Address it Better Ourselves
With savvy investors anticipating a stampede in municipal bankruptcies, our valued subscribers need to listen up: