DizzySailor

Variable-Rate Demand Notes Now Freezing

This is the next "WMD" of the financial world. CDS and CMO were the first round but now the Muni world will be rocked. Ole' Barney better get cooking on the next Fed backstop for these or there will be an awful lot of bankrupt cities out there laying off workers providing critical services ie. sanitation, sewer, fire, roads etc.The question is "How does one profit from this debacle?" as a retail investor??