Muni Defaults in 2011

SUBHEAD: Forecaster Whitney: wave of municipal bond defaults to spur layoffs, and social unrest as early as 2011.By Staff on 21 December 2010 for CNBC.com - (http://www.cnbc.com/id/40769692)Image above: New York City bridge bond from 1868. From (http://www.cezarysalad.com/blog/tag/credit-crunch/).A wave of defaults by state and local governments in the coming months will spark a selloff in the