@MuniCredit Profile picture

MuniCredit

@MuniCredit

Municipal Credit Junkie.

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Looking for the muni bond crew over on Threads threads.net/t/CuVlhwogCNw/…


MuniCredit Reposted

Line Goes Up - The Problem With NFTs youtu.be/YQ_xWvX1n9g


MuniCredit Reposted

there's this woman, Emma who knows everything in munis!


Who remembers the days when CA was predicted to be the next Greece? More importantly, the battle scars to show for it!

wow *CALIFORNIA GOVERNOR SAYS STATE HAS A $75.7 BILLION BUDGET SURPLUS



MuniCredit Reposted

Periodic reminder: Municipal debt restructurings nearly always end in settlements, rather than court rulings.


Kevyn and Ken are finally getting their creditor bus tour!? 🙊🙈🙉😉

Michigan and Detroit hosting summit for investors this week. Includes a presentation on Detroit followed by a bus tour for investors 'showcasing recent economic activity and developments.' Wonder when city will come to market under its own name. #muniland baird.cvent.com/events/michiga…



“Interpreting politics” is increasingly becoming the most valuable skill set for the unfortunate souls covering troubled state/locals

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Most read Bloomberg story, this morning:

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An interesting phrase from Moodys RE: Hartford; a "willingness to default"


Our mkt may want to have a greater respect for debtor counsel creativity ...

Puerto Rico investors are being continually presented with limitations on security protections that they had believed were much stronger.



(2/3) a healthy portion of BHs are not "Wall Street"

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(1/3) Govt exists for esst'l srvcs, not P+I. Mkt needs to accept that despite lacking a clear $ claim, judges understand this reality.

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"[Illinois] has taxing power. The American Dream [mega mall deal] has dreams" - Chris Ryon, Thornburg via Debtwire 😂😂 FTW!!


A chair may be thrown at the next analyst recommending a fiscally challenged state/local citing "strong legal security"


MuniCredit Reposted

Oops!

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Does the player who insures the least amount of PR bonds, win?

@MuniCredit wanna come to Jersey for a game? https://t.co/pj7evbK1Yg

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MuniCredit Reposted

.@ACMayorDonGuard on payment prioritization w/looming insolvency: "Sorry, Wall Street." Services prioritized above debt service #muniland


MuniCredit Reposted

Frustrating for PR bondholders perhaps but it's not as if Detroit and Stockton didn't blaze the trail twitter.com/nytimesbusines…

The Treasury Dept. would give priority to Puerto Rico's retired government workers over repaying investors. nyti.ms/21srBsr



MuniCredit Reposted

Problem of backloaded pension plan, funded ratio takes decades to improve...this graph makes me more bummed #CPS https://t.co/mVHH5HRIdF

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