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
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The Banks Show No Mercy: 10 Foreclosure Horror Stories That Will Blow Your Mind
By Michael, on February 24th, 2013 During the last housing crash, the big banks begged the federal government for help and they received it, but when average Americans ask the big banks for help most […]
Public Debt & Public Debt Moratorium
Bank of America and the Detroit Financial Crisis
State treasurer exposes the role of the banks in the economic meltdown By Abayomi Azikiwe Editor, Pan-African News Wire July 2, 2012 DETROIT—A series of corporate media reports indicate that if a legal challenge to […]
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 […]
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.