Actually Quote by Rick Santelli
“How many muni areas have actually defaulted, by the way? Just a question.”
About This Quote
Source Interview: CNBC, 2009
Questioning the reliability of municipal bonds by asking how many have actually defaulted.
In simple terms: Inquiring about municipal bond defaults.
Research bond performance before investing.
Themes
Mood
Type
When to use this quote
- investment decisions
- portfolio review
- policy analysis
Key Concepts
Questions to Reflect On
- How many municipal defaults have occurred historically?
- What factors cause municipal defaults?
Does not provide data, only asks.