Dividends typically pay twice as much as Uncle Sam's paper; P/E ratio on some blue chips as low as 11-to-1
Will provide research on roughly 1 million municipal bonds; San Bernardino latest issuer to go bust
Justice Department claims trio masterminded price-fixing scheme that defrauded issuers, taxpayers
Apparently, the recent municipal bankruptcies in California, along with fiscal fires in other states, don't seem to be cowing investors, who continue to stampede into muni bond mutual funds.
Questioning whether the city adequately disclosed financial information when it raised money from investors
The general movement out of equity mutual funds and into bond funds continued in June, according to the Direct Fund Flows report from Morningstar Inc.
Department could launch program in a year; 'strong, broad-based demand'
The global financial markets and economy have been unable to return to steady growth following the financial crisis that began in 2008. This has not been without occasional bouts of optimism, where momentum builds as market participants embrace a growing expectation of reaching a critical escape velocity. However, these sentimental boosts have been fleeting. While each round has been distinct, it is worthwhile to note that the cycles are eerily similar.
Legislation to limit scope of municipal adviser regulation draws bipartisan support; subcommittee vote Aug. 1
Fears of inflation on the rise -- even if prices aren't
A former Bank of America executive was indicted for allegedly participating in what prosecutors said was a “far-reaching conspiracy” to defraud municipal bond investments through bid rigging
Will offer the KKR Alternative Corporate Opportunities Fund and the KKR Alternative High Yield Fund, according to SEC filings
San Bernardino is the third municipality in California to face tough choices about how to deal with its balance sheet ... and it might not be the last
Fund firm rolling out more products, adding more portfolio managers; desire for capital preservation fueling the boom
More munis go bust in Nebraska; five states acccount for the bulk of the bankruptcies
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc., said municipal bankruptcies are set to rise as there's less stigma attached after three California cities opted to seek protection just weeks apart.
Experts say keep maturities short, and go long on stocks; resolution in Europe could lead to quick uptick in rates
Some stunning stats shed some light on the troubles in California town
