Brian Fraser quoted in the Time article "Municipal Bonds: The Next Financial Land Mine?"

Time
May 24, 2010

On May 24, 2010, Richards Kibbe & Orbe LLP partner Brian Fraser was quoted in the Time article "Municipal Bonds: The Next Financial Land Mine?" This article describes the risks of municipal debt in this economy and the possibility that municipalities will be forced into bankruptcy over the next several years. Mr. Fraser comments on the fragility of the system and explains that munis are vulnerable to the same forces that have put companies and some sovereign governments in crisis.

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