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
Protest EM Kevyn Orr’s meeting with the public – Monday, June 10, 5:30pm
On Monday, June 10, 5:30 pm, Emergency Manager Kevyn Orr will deliver his Financial and Operating Plan to the public at the Wayne State University Law School, Spencer M. Partrich Auditorium, 471 West Palmer Street. […]
Public Debt & Public Debt Moratorium
Report of the Detroit Financial Review Team to Governor Snyder, March 26, 2012
DATE: March 26, 2012 TO: Governor Snyder FROM: Detroit Financial Review Team: Andy Dillon, Frederick Headen, Jack Martin, Conrad Mallet, Jr., Isaiah McKinnon, Glenda D. Price, Irvin D. Reid, Doug Ringler, Shirley R. Stancato, Brom […]
Public Debt & Public Debt Moratorium
PP Slides from the May 4, 2013 Rally PUBLIC RALLY and PEOPLE’S ASSEMBLY TO SAVE DETROIT
PDF file of the powerpoint slide presentation delivered at the May 4, 2013 Rally PUBLIC RALLY and PEOPLE’S ASSEMBLY TO SAVE DETROIT
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.