Overview
IF YOU KNEW WHAT I KNOW... Would you buy a municipal bond for the subways in New York City that's rated AA-, or only A? Would you care what a bond is for as long, as it's a general obligation backed by the issuer's full faith, credit, and taxing power? Would you pay 109 for a bond, a premium of $90 for every $1,000 face value, knowing you're going to get back only $1,000 at the end Would it be crazy to buy a 30-year bond at age 80? Would you read ""these bonds are not a debt of the state"" as a fair warning, Buyer Beware Tax free municipal bonds. Would you buy them at all? STRAIGHT TALK FROM THE MAN WHO PUT MUNIS ON THE MAP FOR THE INDIVIDUAL INVESTOR. Would telling you the whole story about investing in municipal bonds, and making sure you know the risks involved, kill the sale? ""I'll take my chances,"" says Jim (Municipal Bonds Are My Babies) Lebenthal. For 45 years, Jim Lebenthal wrote and starred in the Lebenthal family's municipal bond business commercials - information nuggets that educated the public and turned munis into a household word, wherever his face and voice were seen and heard. Outraged by what Wall Street had done to the financial markets with reckless abandon, and Bernie Madoff with malice aforethought, Jim gives equal time in Lebenthal On Munis...Deciding, ""Yes..."" or ""No!"" to the Whys and Why Nots for investing in his ""babies."" ""Balancing the heady appeal of tax exemption with the payment record of municipal bonds in the Depression and the volatility of resale prices during the inflation tortured '70s and '80s, isn't optional for a broker,"" says Lebenthal. ""Full Disclosure is the law."" In Lebenthal on Munis, Jim carries out that law, even if Full Disclosure means turning Jim and his babies, thumbs down. DECIDING, ""YES..."" OR ""NO!""
Full Product Details
Author: Jim Lebenthal
Publisher: Morgan James Publishing llc
Imprint: Morgan James Publishing llc
Dimensions:
Width: 15.40cm
, Height: 0.90cm
, Length: 22.70cm
Weight: 0.254kg
ISBN: 9781600376566
ISBN 10: 1600376568
Pages: 160
Publication Date: 15 October 2009
Audience:
General/trade
,
General
Format: Paperback
Publisher's Status: Active
Availability: Out of print, replaced by POD
We will order this item for you from a manufatured on demand supplier.
Reviews
<p>Lebenthal on Munis is indispensible manual for anyone who is about to buy municipal bonds and for the brokers who are out to sell them. It wouldn’t hurt the mayors and governors, either, to know what the man who put munis on the map is saying about the one tool they have for rebuilding our cities and states. <br> Hon. Brendan T. Byrne, Governor of New Jersey, 1974 - 82 <br>  
Lebenthal on Munis is indispensible manual for anyone who is about to buy municipal bonds and for the brokers who are out to sell them. It wouldn't hurt the mayors and governors, either, to know what the man who put munis on the map is saying about the one tool they have for rebuilding our cities and states. Hon. Brendan T. Byrne, Governor of New Jersey, 1974 - 82
Author Information
JIM LEBENTHAL - 2007 to present, co-founder of Lebenthal & Co., LLC dealers in municipal bonds, previously Chairman Emeritus the 80-year old family municipal bond firm of Lebenthal & Co., Inc., which he joined in 1963 at age 35, quit, rejoined again 1966. In the out years, creative supervisor at Ogilvy & Mather Advertising of IBM Corporate advertising. Before 1963, associate producer NBC-TV, ""Update The Teenage News Program"". 1959, advertising copy writer and creative director IBM Corporate advertising at Ogilvy & Mather. Former Walt Disney film producer 1959, ""Flash The Teenage Otter"" and 1954 Hollywood correspondent for Life Magazine. 1959 Academy Award Nominee for my own short live-action movie, ""T Is For Tumbleweed.""
