http://www.thepublicpurse.com/2009/10/12/insured-but-non-rated-municipal-bonds/ Wed, 15 Jun 2011 20:57:57 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.thepublicpurse.com/2009/10/12/insured-but-non-rated-municipal-bonds/comment-page-1/#comment-31 Roger Horn Wed, 28 Oct 2009 01:49:50 +0000 http://www.thepublicpurse.com/?p=150#comment-31 Thanks for shining the light on some potentially excellent opportunities. So, from what I can tell, the bond insurers apparently did their own due diligence of these underlying bonds, and guaranteed issuances based on their own positive assessment of underlying investment grade credits. How would I know if the munis haven't deteriorated? Thanks for shining the light on some potentially excellent opportunities. So, from what I can tell, the bond insurers apparently did their own due diligence of these underlying bonds, and guaranteed issuances based on their own positive assessment of underlying investment grade credits. How would I know if the munis haven’t deteriorated?

]]> http://www.thepublicpurse.com/2009/10/12/insured-but-non-rated-municipal-bonds/comment-page-1/#comment-26 Susan Scherer Mon, 19 Oct 2009 20:32:10 +0000 http://www.thepublicpurse.com/?p=150#comment-26 Considering the degree of uncertainty associated with so many municipalities and revenue bonds across the U.S., I'd prefer to stay away from insured bonds and lean toward pre-re ETMs backed by Treasuries. Considering the degree of uncertainty associated with so many municipalities and revenue bonds across the U.S., I’d prefer to stay away from insured bonds and lean toward pre-re ETMs backed by Treasuries.

]]> http://www.thepublicpurse.com/2009/10/12/insured-but-non-rated-municipal-bonds/comment-page-1/#comment-23 Joan Allman Wed, 14 Oct 2009 19:45:53 +0000 http://www.thepublicpurse.com/?p=150#comment-23 I would pick a riskier credit and bond insuer such as XL but I am biased in favor of AMBAC. I would pick a riskier credit and bond insuer such as XL but I am biased in favor of AMBAC.

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