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Despite challenges, still less risky than corporates

Q

I read your article, “A Cautionary Tale,” on the problems facing Jefferson County. I know their problems well. I was almost burned by New York and Denver (airport) bonds. However, they are less risky than corporates.

S.O.,Texas

A

James A. Klotz responds:

We couldn’t agree more.

May 30, 2012

Start here.

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