The current plight of some municipal bonds is just the “tip of the iceberg” and will continue to rise, according to Berkshire Hathaway’s reinsurance chief Ajit Jain.
Jain questions viability of municipal bond insurers
The current plight of some municipal bonds is just the “tip of the iceberg” and will continue to rise, according to Berkshire Hathaway’s reinsurance chief Ajit Jain.