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Informationen zum Autor SYLVAN G. FELDSTEIN, PHD, is a Director in the Investment Department of the Guardian Life Insurance Company of America, specializing in tax-exempt, taxable, and non-U.S. municipal bonds. Prior to this, he was a research manager and analyst at major Wall Street broker-dealers and a rating agency. A graduate of Columbia University, Feldstein has won the Analyst of the Year Award from the National Federation of Municipal Analysts in addition to authoring or editing four other municipal bond industry books. FRANK J. FABOZZI, PHD, CFA, is Professor in the Practice of Finance at Yale University's School of Management and the Editor of the Journal of Portfolio Management. In 2002, he was inducted into the Fixed Income Analysts Society Hall of Fame and, in 2007, was the recipient of the C. Stewart Sheppard Award given by the CFA Institute. Klappentext In The Handbook of Municipal Bonds, editors Sylvan Feldstein and Frank Fabozzi-along with a number of experienced contributors-provide you with the practical guidance needed to succeed within this challenging environment.Whether you're on the buy-side or the sell-side, this reliable resource offers a well-rounded look at the municipal bond industry and its many products. As you progress through each chapter, a different contributor will detail a specific aspect of this field-providing in-depth insights on everything from modern municipal bond portfolio management to the analysis of high-yield, high-risk credit sectors.Also included are an extensive array of case studies that cover a wide range of bond issues related to the 9/11 catastrophe, subprime loans, a major airline bankruptcy, and much more.Written with the serious investor in mind, The Handbook of Municipal Bonds contains the information you need to make more informed decisions within this ever-evolving industry. Through the innovative insight of some of the most respected experts in this field, you'll quickly become familiar with the essential elements of the municipal bond market. Zusammenfassung In The Handbook of Municipal Bonds, editors Sylvan Feldstein and Frank Fabozzi-along with a number of experienced contributors-provide you with the practical guidance needed to succeed within this challenging environment.Whether you're on the buy-side or the sell-side, this reliable resource offers a well-rounded look at the municipal bond industry and its many products. As you progress through each chapter, a different contributor will detail a specific aspect of this field-providing in-depth insights on everything from modern municipal bond portfolio management to the analysis of high-yield, high-risk credit sectors.Also included are an extensive array of case studies that cover a wide range of bond issues related to the 9/11 catastrophe, subprime loans, a major airline bankruptcy, and much more.Written with the serious investor in mind, The Handbook of Municipal Bonds contains the information you need to make more informed decisions within this ever-evolving industry. Through the innovative insight of some of the most respected experts in this field, you'll quickly become familiar with the essential elements of the municipal bond market. Inhaltsverzeichnis Foreword xxxi Christoper "Kit" Taylor Preface xxxiii About the Editors xxxix Contributing Authors xli PART ONE The Sell Side: The Originators of Deals 1 CHAPTER 1 The Central Place of States and Local Governments in American Federalism 3 Richard Briffault The States 7 The Complex Structure of American Local Government 12 From Dillon's Rule to Home Rule 17 Forms of Local Government 19 Metropolitan Governance 21 Summary 23 CHAPTER 2 An Overview of Investment Banking 25 Herman R. Charbonneau Overview of Public Finance Banking 25...
