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. […]
Foreclosures and Evictions
Pack the Pension Board Meeting, Nov. 15 – Support Paramount Homeowners
Thursday, November 15, 2012 8:45 AM Coleman A. Young Municipal Center 2 Woodward (at Jefferson), Detroit Pack the meeting of the Detroit Firefighters and Police Pension Board in support of Paramount homeowners who are facing […]
Uncategorized
Pack the Court for Angela Crocket – Monday, June 3, 9 AM
Support Angela Crockett in her jury trial against Fannie Mae and CitiMortgage 36th District Court, Room 432, Judge Patricia Jefferson 421 Madison Avenue, Detroit More info on Angela Crockett’s case: moratorium-mi.org/support-homeowner-angela-crockett-in-court/
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.