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
Foreclosures and Evictions
High Sheriff of Carroll County NH Announces Criminal Foreclosure Fraud Task Force
Christopher Conley, High Sheriff of Carroll County NH, holds a press conference at the County complex on 7/2/12. He announces that he is forming a task force to investigate mortgage fraud. Fraud is occurring across […]
Public Debt & Public Debt Moratorium
Emergency Meeting: Stop Union-Busting In Detroit
Stop Union-Busting In Detroit Defend City/DPS Workers’ Jobs! Support “BETTER Made” Workers Emergency Meeting Monday – July 9, 2012 – 7 P.M. 5920 Second Avenue, Detroit (at Antoinette St., just north of Wayne State University) […]
Public Debt & Public Debt Moratorium
Fightback Against The “FINANCIAL Advisory Board”
Not One Penny To The Banks Who Have Destroyed Detroit No To Lay-Offs, Wage Cuts, Elimination Of Human Services And Privatization On April 4th, the 44th anniversary of the assassination of Dr. Martin Luther King, […]
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.