The City of Detroit financial documents pertaining to municipal bond contracts and related issues obtained by the Moratorium NOW! Coalition are now ready to the public at detroitdebtmoratorium.org or here at 
DetrotDebtDocs
Public Debt & Public Debt Moratorium
Demonstrate at Bankruptcy Court, Friday, Aug. 2, 9:00 AM
DEMONSTRATE FRIDAY AUGUST 2, 2013, 9:00 AM OUTSIDE THE BANKRUPTCY COURT 231 E. LAFAYETTE, DETROIT CANCEL DETROIT’S DEBT TO THE BANKS HANDS OFF CITY SERVICES & WORKERS’ WAGES AND PENSIONS On July 22, 2013 Federal […]
Foreclosures and Evictions
Indict Bank of America – Monday, Aug. 19, NOON
Time to Prosecute the #1 Loan Shark Bankrupting Detroit: BANK OF AMERICA, Foreclosing Our Homes, Our City Monday, August 19, High Noon We’ll Put BoA on Trial Gather and march from Detroit’s Labor Landmark in […]
Public Debt & Public Debt Moratorium
Detroit financial crisis continues
By Abayomi Azikiwe July 18, 2012 Detroit — If a legal challenge to the so-called “Financial Stability Agreement” is not dropped by Detroit’s Law Department, the State Treasurer’s Office says it will withhold $28 million […]
How complex were these ‘credit default swaps’ from a interest rate stand-point? Was this a ‘kick-the-can-down-the-road’ transaction(s) because of looming termination or deadline payments the city could not meet, therefore settling for extremely high rates on bond payments?
Shawn Werdlow, former CFO -City of Detroit, now with the Bond and Securities firm Siebert Brandford Shank had to juggle these bonds continuously.