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The overlooked opportunity in tackling public finance
2018-08-18T00:49:39Z - Connie Loizos / TechCrunch
What’s also compelling — perhaps even more so — is that bonds can give residents an opportunity to help out the community where they live. Let’s start with the moolah, which there happens to be a lot of sloshing around the municipal bond market. As the New York Times reported earlier this year, fewer municipal bonds have been hitting the market ever since the financial crisis of 2008. TC: You think the muni bond market is broken. The main notion is you have a public finance system that’s expensive and opaque and not particularly democratic.

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