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Regional News
Georgia Charters Default Again
by: Shelly Sigo
Wednesday, January 2, 2013
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Wells Fargo Bank NA said in a market notice that it would not distribute Jan. 1 interest payments due on $18.93 million of uninsured, defaulted bonds sold for three popular Georgia charter schools.

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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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