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Meredith Whitneyâs Muni Bond Prediction Draws Scrutiny
Keywords:
Meredith Whitney and her comments on the municipal bond market and potential defaults worth hundreds of billion of dollars. She said in a "60 Minutes" interview that she expected a series of municipal bond defaults. "You could see 50 sizable defaults, 50 to 100 sizable defaults, more. This will amount to hundreds of billions of dollars worth of defaults," said Whitney. Other analysts have questioned her dire forecast. Most of the problems in municipal bonds are fairly well know say analysts, however these comments have only accelerated the trend, and more than $14 billion came out between Dec 22 and Feb 2. In other words her comments drove a rush to the exits, which is seen as irresponsible by some analysts.
Municipal bond issuance by local governments and states in the US- 2010-2012
11/18/2010
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California Bond Woe Bodes Ill for States
Wall Street Journal 11/18/2010
The Weak Get Weaker as Muni Bonds Are Sold Off
Wall Street Journal 12/19/2010
Pained Muni Investors Cry Uncle
Wall Street Journal 12/22/2010
Recession-bruised states' revenue sank 30 percent in 2009, Census Bureau reports
Washington Post 01/05/2011
Bond Buyers' Eyes Are on Illinois
Wall Street Journal 01/07/2011
Illinois Deficit Leads to Talk of Big Tax Increase
New York Times 01/09/2011
Lack of financial disclosure increases risk of municipal bonds
01/30/2011
The Tower Amendment exempts entities issuing municipal bonds from meeting federal information disclosure requirements.
Grouped Articles
Wall Street Journal 11/03/2014
Muni Bondsâ Real Risk Is Not From State Budgets
New York Times 01/30/2011
Sales of Muni Bonds Sink to 10-Year Low
Wall Street Journal 02/01/2011
Meredith Whitneyâs Muni Bond Prediction Draws Scrutiny
New York Times 02/07/2011
Mutual Funds' Muni-Debt Prices Are Questioned
Wall Street Journal 02/18/2011
Muni Default Estimate: $100 Billion
Wall Street Journal 03/02/2011
Risk perception for U.S. municipal bonds 2011-2014
02/01/2011
Grouped Articles
Wall Street Journal 11/03/2014
Financial Advisers on Munis: Don't Panic
Wall Street Journal 02/01/2011
Sales of Muni Bonds Sink to 10-Year Low
Wall Street Journal 02/01/2011
Meredith Whitneyâs Muni Bond Prediction Draws Scrutiny
New York Times 02/07/2011
In Muni-Bond Ills, Danger and Hope
Wall Street Journal 02/09/2011
Mutual Funds' Muni-Debt Prices Are Questioned
Wall Street Journal 02/18/2011
Credit Default Swaps (CDS) on the debt of U.S. cities and states
12/21/2010
CDS on municipal debt. Efforts by investment banks to sell derivatives on municipal debt.
Grouped Articles
Banks Look to Profit on Muni-Bond Fears
Wall Street Journal 12/21/2010
Pained Muni Investors Cry Uncle
Wall Street Journal 12/22/2010
Recession-bruised states' revenue sank 30 percent in 2009, Census Bureau reports
Washington Post 01/05/2011
Bond Buyers' Eyes Are on Illinois
Wall Street Journal 01/07/2011
Meredith Whitneyâs Muni Bond Prediction Draws Scrutiny
New York Times 02/07/2011
In Muni-Bond Ills, Danger and Hope
Wall Street Journal 02/09/2011
Meredith Whitney's forecast of hundreds of billions of dollars in U.S. muni-bond defaults
02/07/2011
A more moderate estimate by Roubini of $100 billion. The serious problems in state and local governmet finances in the U.S.
Linked Articles
Muni Default Estimate: $100 Billion
Wall Street Journal 03/02/2011
Meredith Whitneyâs Muni Bond Prediction Draws Scrutiny
New York Times 02/07/2011
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