Tag: municipal default

Muni Default & Bankruptcy-Chasing Continues

For a moment I thought it was April Fool’s Day, not Leap Day.  Why? Former Kansas City Mayor Mark Funkhouser, now with Governing, blogged on February 29 that Stockton, California’s plan to declare default on $2 million in debt payments might be evidence that Meredith Whitney’s 2010 prediction of 50-100 sizeable muni defaults in the

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