Muriel Siebert likes municipal bonds.
The president of
Although cities and states are having “major problems,” Siebert thinks the federal government would intervene before defaults starting mounting. “I don’t think the federal government will allow states and cities to go broke,” she said.
Siebert used to be New York’s superintendent of banks, and was a Republican senatorial hopeful. She recommends choosing a municipal bond by comparing its yield, and then its sources of funding.
In 1967, Siebert became the first woman to have a seat on the