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Webcast Discussing Current Condition and Risks of Municipal Bond Markets Available at the Performance Trust University™ Website
Oct 25, 2010 (02:10 PM EDT)


--Nationally known expert panelists include representatives from rating agency, bond insurance company, legal and portfolio management--

CHICAGO, Oct. 25 /PRNewswire/ -- Performance Trust University recently hosted a video webcast about the health of the municipal bond market. The webcast is titled "Full Disclosure™: Municipal Credit Exposed."

With some municipalities facing severe pressure from the economy and even possible Chapter 9 bankruptcy, institutional investors are raising questions regarding the stresses in the market.  Investors are eager to learn how to: avoid danger, measure downgrade risk and find potential solutions for massive municipal unfunded pension and health liabilities.

Brian Battle, Director at Performance Trust, moderated an engaging panel of top muni experts that discussed these issues in depth. Panelists included: Edward Damutz, Vice President and Senior Credit Officer, Moody's Investors Service; Don Farrell, Director, Assured Guaranty; Robert Zubak, Portfolio Manager, Allstate; and James Spiotto, Partner, Chapman and Cutler, LLP.

"While municipalities are facing challenges that are triggering anxiety about the ability of some issuers to make good on their debt, defaults on municipal debt remain extremely rare," said Rich Berg, Chief Executive Officer of Performance Trust. "Still, we wanted to provide the end user with expert analysis of current conditions and discuss the different risks associated with general obligation bonds versus revenue bonds that are sold to pay for specific projects. The panel we have assembled represents a stellar group of experts on the municipal bond market," he said.

The one-hour replay of the webcast, which was recorded live earlier this month at the Performance Trust University studio in downtown Chicago, can be viewed by going to www.performancetrustuniversity.com and clicking on "Full Disclosure™: Municipal Credit Exposed."

About The Performance Trust Companies

The Performance Trust Companies are an SEC-registered investment advisor and a FINRA regulated broker/dealer, with proprietary investment methodologies and products designed to accomplish investment objectives.  Based in Chicago, Performance Trust focuses on educating fixed income investment professionals and assisting client institutions to invest through total return.  For more information, go to www.PerformanceTrust.com.

SOURCE Performance Trust University