Local Budgets - Most Commented


How bad will the municipal bond market get?

Dec 22, 2010
There has been some talk that the municipal bond market is going to bring trouble, and an analyst predicts hundreds of billions of dollars in defaults. Janet Babin looks into the matter.
Posted In: Investing

Failing local municipalities could lead to another financial crisis

Dec 22, 2010
A new report finds cities in pretty serious trouble. Financial analyst Meredith Whitney says we're about to see another economic crisis because of local economies failing. Eve Troeh has more.

Cash-strapped California affecting muni bonds market

Nov 20, 2010
Municipal bonds are usually quite popular because they are tax-free. But now that such bonds are coming from risky borrowers like California -- who is billions of dollars in debt -- local governments are beginning to pull the bonds because they're isn't much demand.



About this collection

In this special feature from The Whiteboard video series, Sr. Editor Paddy Hirsch teams up with illustrator and journalist Dan Archer to tell the story of the financial collapse from the fall of Bear Stearns through the financial collapse into 2009. Watch the video introduction and click through the six chapter links on the right to read the full story in comic book format.