US MUNI MARKET MUDDLES ON MUNICIPAL BONDS

摘要

When Meredith Whitney, an analyst who made her name with a scathing report on Citi's financial position in October 2007, predicted hundreds of billions of dollars of defaults in the US municipal bond market, investors took notice. Between her call in December 2010 and August 2011, municipal mutual bond funds experienced net outflows of about $50bn.