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Actually Quote by Rick Santelli

“How many muni areas have actually defaulted, by the way? Just a question.” quote by Rick Santelli
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“How many muni areas have actually defaulted, by the way? Just a question.”

Rick Santelli

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.

Key Takeaway

Research bond performance before investing.

Themes

finance risk investment skepticism

Mood

analytical inquisitive

Type

financial economic informative

When to use this quote

  • investment decisions
  • portfolio review
  • policy analysis

Key Concepts

municipal finance default risk economic stability

Questions to Reflect On

  • How many municipal defaults have occurred historically?
  • What factors cause municipal defaults?
A Different Perspective

Does not provide data, only asks.

3.4 out of 5 (5 ratings)

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