As an asset class, public finance was & is always considered to be the safe haven for conservative investors, and a good hedging instrument for active investors in the capital markets. However, some of the bankruptcies filed in the history of US public finance space defy this investment perception. This article highlights some of the key learning from the US public finance bankruptcy cases, by decoding the possible reasons behind the fall & rise of some of these US public finance entities.
More Details: https://www.valueadd-research.com/blog/key-learning-past-us-public-...