STRAIGHT TALK FROM THE MAN WHO PUT MUNIS?ON THE MAP FOR THE INDIVIDUAL INVESTOR.
Would telling you the whole story about investing in municipal bonds, and ?making sure you know the risks involved, kill the sale??"I?ll take my chances," says Jim (Municipal Bonds Are My Babies) Lebenthal.
For 45 years, Jim Lebenthal wrote and starred in the Lebenthal family?s municipal bond business commercials--information nuggets that educated the public and turned munis into a household word, wherever his face and voice were seen and heard.
Outraged by what Wall Street had done to the financial markets with reckless abandon, and Bernie Madoff with malice aforethought, Jim gives equal time in Lebenthal On Munis?Deciding, "Yes.." or "No!" to the Whys and Why Nots for investing in his "babies."
"Balancing the heady appeal of tax exemption with the payment record of municipal bonds in the Depression and the volatility of resale prices during the inflation tortured '70s and '80s, isn?t optional for a broker," says Lebenthal.?"Full Disclosure is the law."
In Lebenthal on Munis, Jim carries out that law, even if Full Disclosure means turning Jim and his babies, thumbs down. DECIDING, "YES?" OR "NO!"