Bonds Now!: Making Money in the New Fixed Income Landscape -- Contents -- Foreword -- Preface -- About the Authors -- Chapter 1: Portfolio Survival -- No More Cruise Control -- Pushing the Restart Button -- The Safest Municipal Bond Categories -- Warning: Avoid Interest Rate Swaps -- Chapter 2: New Rules of Engagement -- The Way Things Were -- Three Fixed Income Categories of Safety -- Unintended Consequences -- New Rules of Engagement -- Determine Your Broker's Fixed Income Expertise -- Always Use at Least Two Brokers -- Never Buy Bonds Online -- No Discount Bond Brokers -- Look at Your Portfolio as a Whole -- Beware the Government -- Never Trust the Rating Agencies or the Insurers -- Bail Out on a Leveraged Buyout -- Recognize Increasing Complexity -- Chapter 3: Fortress Investing -- Diversified Construction Materials -- It's All About the Capital Structure -- Defining and Following the Rules -- Compartmentalize Risk -- Chapter 4: Bond Execution -- TRACE-ing the Trading History -- Pricing the New Issue Muni Market -- Trade Confirmations -- Managing Money Is Work -- Riding the Yield Curve -- Checklist for Corporate Bonds -- Chapter 5: Learning from Mistakes -- Portfolio Composition: Pre-credit Crisis -- The Credit Crisis Hits -- Results: Portfolio Annihilation -- Down for the Count -- Emergency Financial Surgery -- Chapter 6: Egos Gone Wild -- Succession Is a Lost Art -- CEO Compensation: The Great Disconnect -- Watch for Stock Buy-Backs -- Games with Stock Option Pricing -- Watch for Ego Problems -- The Case of Citigroup -- The Take-Away -- A New Trend . . . Again -- Chapter 7: The Bond Rating Agencies -- Once Highly Regarded -- So What Happened? -- Meaning of Ratings -- The Perfect Storm of Financial Crisis -- What Now? -- Chapter 8: How to Buy and Sell Bonds -- Be a Bond Collector -- Stick to Your Investment Discipline.

Deviations from Investment Discipline -- Establish Your Risk Profile (and Stick to It) -- Form a Shopping List -- Working Three Different Markets -- Chapter 9: Managing Your Bond Portfolio -- Maintain Flexibility -- Don't Flog a Loser -- Make a New Plan, Stan -- Evaluate Your Team -- Consider What Can Go Wrong -- Buy Quality -- Seize Opportunities -- Love Me Tender -- Cross-Over Bonds -- Inflation Strategies -- Deflation Strategy -- Strategies for a Cratering U.S. Dollar -- A Safe Bond Portfolio -- Chapter 10: Horror Stories from the Bond Trenches -- Bond Pricing Inconsistencies -- Broker's Business Mutations -- No Bids, Now What? -- What You Don't Know May Hurt You -- The Culture at Money Funds -- Underwriting Problems -- Chapter 11: Bond Analysis-How to Analyze an Issuer's Creditworthiness -- A Case of Conflict -- Muni Bond Analysis the Professional Way -- Spotting a Downgraded Muni -- Categories of Strength -- Special Questions for Corporate Bonds -- Awareness of the Capital Structure -- Look at the Big Picture -- Chapter 12: Mission-Specific Instruments -- Define Your Portfolio Missions -- Defining the Driver Assumptions -- Interest Rate Management -- All-Important Safety Allocation -- Outsized Yields -- Chapter 13: Developing a Sixth Sense -- Bond Sales Tricks -- Stepping Up Can Be a Misstep -- Zombie Bonds -- Truth or Dare -- Fitting the Bond into Your Portfolio -- Here's a Great Deal! -- Reading the Market -- What the Talking Heads Are Really Saying -- Looking Over Your Shoulder -- Chapter 14: Lessons Learned -- Investor Not Speculator -- Be Resourceful -- Don't Bet on the Outcome -- Close Friends -- Closer Enemies -- Pick Your Entry and Exit Points -- Plan for the Downside -- Identify Pockets of Risk -- It's Never Over -- Factor In the Variables -- Closing -- Index.