Buffett: Muni Bankruptcies Poised to Climb as Stigma Lifts

Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc., said municipal bankruptcies are set to rise as there’s less stigma attached after three California cities opted to seek protection just weeks apart.

Read more: Buffett: Muni Bankruptcies Poised to Climb as Stigma Lifts

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