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Home > Business & Economics > Finance & Accounting > The Handbook of Municipal Bonds-eBook

The Handbook of Municipal Bonds

Trout, Jack, Fabozzi, Frank J.

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The Handbook of Municipal Bonds

In The Handbook of Municipal Bonds, editors Sylvan Feldstein and Frank Fabozzi-along with a number of experienced contributors-provide you with the practical guidance needed to succeed within this challenging environment.

Whether you're on the buy-side or the sell-side, this reliable resource offers a well-rounded look at the municipal bond industry and its many products. As you progress through each chapter, a different contributor will detail a specific aspect of this field-providing in-depth insights on everything from modern municipal bond portfolio management to the analysis of high-yield, high-risk credit sectors.

Also included are an extensive array of case studies that cover a wide range of bond issues related to the 9/11 catastrophe, subprime loans, a major airline bankruptcy, and much more.

Written with the serious investor in mind, The Handbook of Municipal Bonds contains the information you need to make more informed decisions within this ever-evolving industry. Through the innovative insight of some of the most respected experts in this field, you'll quickly become familiar with the essential elements of the municipal bond market.

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Title of ebook: The Handbook of Municipal Bonds
ISBN: 9780470283080
Publisher: John Wiley & Sons, Inc.
Internet download file size: 10173 kb
Pages: 1376
Released online for download: 03-31-2008
Author of eBook: Trout, Jack
Author of eBook: Fabozzi, Frank J.

The Handbook of Municipal Bonds

Chapter One

The Central Place of States and Local Governments in American Federalism

Richard Briffault Joseph P. Chamberlain Professor of Legislation Columbia University School of Law

Writing in Federalist Number 45, James Madison predicted that the states would dominate the new federal union created by the Constitution. The powers of the federal government were "few and defined," he pointed out, limited primarily to "external objects, as war, peace, negotiation, and foreign commerce." By contrast, the states, he explained, would have authority over "all the objects which, in the ordinary course o ... read full excerpt from The Handbook of Municipal Bonds ebook