Muni Crisis: How Serious Is It?

A number of market analysts and media reports have suggested there could be a wave of municipal bond defaults. Fidelity's Fixed Income Institutional Portfolio Manager Chris Pariseault sees "significant challenges facing some issuers," but he told Viewpoints that he does not foresee default rates reaching the level of a crisis. Find out why, plus what you can do to weather the storm. Click here to read the interview and comments.

Steven Karsh