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Pathlight Insight 07162012 Municipal Bankruptcies

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Published on Jul 16, 2012

Pathlight Investors President, MJ Nodilo, discusses the recent spate of municipal bankruptcies and the root causes of what is likely to become an even bigger problem going forward.

Disclosure:

This update is limited to the dissemination of information pertaining to Pathlight Investors, LLC's ("Pathlight Investors") Quality Growth, Growth & Income, and Global Macro Portfolios and general economic market conditions. The information contained herein should not be construed as personalized investment advice, and should not be considered as a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is no guarantee of future results, and there is no guarantee that the views and opinions expressed in this update will come to pass. Investing in the stock market involves gains and losses and may not be suitable for all investors.

Pathlight Investors is an SEC registered investment adviser with its principal place of business in Arizona. Pathlight Investors and its representatives are in compliance with the current registration and notice filing requirements imposed upon registered investment advisers by those states in which Pathlight Investors maintains clients. Pathlight Investors September only transact business in those states in which it is noticed filed, or qualifies for Investors with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. For information pertaining to the registration status of Pathlight Investors, please contact Pathlight Investors or refer to the Investment Adviser Public Disclosure web site (www.adviserinfo.sec.gov).

For additional information about Pathlight Investors, including fees and services, send for our disclosure statement as set forth on Form ADV using the contact information herein.

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