Whitney discusses muni-bond risks, opportunities

04/30/2013 | InvestmentNews (free registration)

Banking analyst Meredith Whitney, who two years ago made headlines for her warnings on the risks of municipal bonds, said Sunday that investment opportunities vary by state. Speaking at the Investment Management Consultants Association's annual conference, she said, "You've got some states doing stupid things and some states doing incredible things." Whitney recommended digging into state budgets for insight.

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