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Lesson from Detroit: Buy Dividend Aristocrats, Not Muni Bonds

2013-12-11 18:04:40| Beverages - Topix.net

One lesson from the Detroit bankruptcy is that anything a municipal bond can do, a stock can do much better, especially for those seeking income from their investments.

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Indiana City's $200 Million Sale Finances Mill: Muni Deal

2013-11-12 11:27:05| Paper - Topix.net

Valparaiso plans to sell $200 million in tax-free revenue bonds this week on behalf of box-maker Pratt Industries to finance a paper-recycling plant that will add more than 100 jobs in the northwest Indiana city.

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Analysis: Detroit crisis may give lift to muni bond insurers

2013-08-11 17:16:25| IT Services - Topix.net

At first glance, it is hard to see Detroit's bankruptcy filing as anything but another body blow for downtrodden U.S. municipal bond insurers, which could be on the hook to investors for hundreds of millions of dollars in losses on the city's debt.

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Michigan Hometown to Kellogg Plans $16 Million Muni Bond Sale

2013-08-05 22:05:38| Agriculture - Topix.net

Battle Creek , Michigan , home of the world's largest cereal-maker, plans to sell $16 million in general-obligation bonds after at least one issuer in the state delayed an offer following Detroit 's record bankruptcy filing.

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Go Beyond Detroit for Muni ETFs Real Potential Problems

2013-07-20 02:18:08| Agriculture - Topix.net

Detroit, once the fourth-largest U.S. city, filed for Chapter 9 bankruptcy protection Thursday, marking the largest municipal bankruptcy in U.S. history.

Tags: real problems potential detroit

 

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