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Vallejo, Calif., Bankruptcy Exit Plan Gets Judge's Green Light
by: Randall Jensen
Monday, August 8, 2011
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SAN FRANCISCO - A federal judge has cleared Vallejo, Calif., to emerge from bankruptcy after three rocky years of Chapter 9 protection.

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Commentary - When It May Be Virtually Free to Be Tax Free
Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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