Muni meltdown: the next big financial crisis & how you should protect yourself

Posted on March 8, 2011 by Bill Faiferlick

Municipal bonds which have been considered the cornerstone of conservative financial planning are now beginning to show signs of fractures. The US debt, baby boomer’s retirement and ½ of US taxpayers not paying federal taxes will forever change America and these investment opportunities for Americans.

People are now beginning to understand that one of this country’s most conservative, dependable investments may have a similar fate as the real estate market and the degree of loss is yet to be determined. Join Bill Faiferlick and Ron Henley who for 25 years had a seat on the American Stock Exchange and was a founding partner and Head Trader of a statistical arbitrage family of hedge funds ranked in the top ten of the FIMAT Volatility Asset Class to help understand how you can reposition some of your assets.

Guest:
Ron W. Henley, President RWH Advisors, US

As President of RWH Advisors, International Grandmaster Ron W. Henley acts as Special Consultant to Ultra High Net Worth Individuals and Family Offices. From 1985 thru 2001, Mr. Henley was an American Stock Exchange Member, as a trader, market maker and specialist. From 2001 to 2005, Mr. Henley was a founding partner and Head Trader of a statistical arbitrage family of hedge funds, with clients such as Bank of America, Gottex Fund of Funds and Aegon USA Insurance Company. The funds consistently ranked in the top ten of the FIMAT Volatility Asset Class. From 2005 to Present, he sat on the Board of Directors of several private companies in a broad range of industries. He recently served as Head of Execution for a New York based high frequency news driven strategy with connectivity to the execution algorithms of Goldman Sachs and Credit Suisse. Mr. Henley is a FIDE International Grandmaster. He is President of the KARPOV2010 global FIDE Presidential campaign.