Lebenthal on Munis Straight Talk About Tax-free Municipal Bonds for the Troubled Investor Deciding "Yes...or No!" (Paperback)

From the Publisher: SHOULD YOU BUY TAX-FREE MUNICIPAL BONDS? Straight Talk From The Man Who Put Munis on the Map Telling you the whole story for making an informed decision about buying municipal bonds, and making sure you know the risks, isn’t just an option. It’s the law.  And here is the man to carry out that law.     For 45 years, Jim "Municipal Bonds Are My Babies" Lebenthal has written and starred in his company’s television and radio commercials that have educated the masses and turned munis into a household word, wherever his face and voice have been seen and heard. Outraged today by what "Wall Street has done to the financial markets with reckless abandon and Bernard Madoff with malice aforethought," Jim gives equal time to the whys and why nots of municipal bonds, even if it means turning him and his babies, thumbs down. For The Troubled Investor ... * Want to buy a bond for the subways in New York City that’s rated AA - or, worse, only A? *Do you care what a general obligation municipal bond is for, as long as it’s backed by the faith, credit, and unlimited taxing power of the issuer? * Would you pay 109 for a bond, a premium of $90 for every $1,000 face value, knowing you’re going to get back only face value at maturity? * Is it crazy to buy a 30-year bond at age 80? * If Congress wanted to, could it pass a law taxing municipal bonds? * Is "the bonds are not a debt of the state" fair warning, "buyer beware?" Deciding, "Yes ..." or "No!"