Peter Schiff: Muni meltdown is coming

Should investors be spooked about the prospect of a muni market meltdown after Meredith Whitney's warning on 60 minutes last week?
JAN 19, 2011
By  Mark Bruno
Should investors be spooked about the prospect of a muni market meltdown after Meredith Whitney's warning on 60 minutes last week? Warren Buffett sounded the alarm last year, and now Peter Schiff -- the president of Euro Pacific Capital who predicted that the real estate bubble would burst in 2007 -- says that a muni bond crisis is indeed on the horizon.

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