States and Muni Finance April 5, 2016 David R. Kotok*Chairman and Chief Investment Officer “From a credit perspective, Illinois is considered to be the most troubled state in the Union. The state has a $110 bn pension funding hole, yearly multi-billion-dollar budget deficits, and a political stalemate that has left the state without…Read More The post States and Muni Finance* appeared first on The Big Picture. More...