Shorting Baltimore City’s Municipal Bonds

by Ma1nStreaM

planning.baltimorecity.gov/bond-issue-questions

It’s common knowledge that the city’s finances are corrupt. Just ask our last mayor….

Did anyone short Detroit before it went bankrupt? en.wikipedia.org/wiki/Detroit_bankruptcy

The city’s bonds are a house of cards. If someone looks into this, or Trump leans on them, it’s going to topple.

 

www.municipalbonds.com/bonds/issue/059189TE0/

They’ve taken a hit whenever one of our mayors is outed for corruption. It’s only a matter of time before there’s a state or federal audit and someone blows the whistle.

Schools are being audited?

Corruption, in a ticking timebomb

They have nod-handshake agreements with local auditors, the cards are going to fall.

Disclaimer: Consult your financial professional before making any investment decision.

456 views