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
How the banks destroyed Detroit
Published Mar 31, 2011 By Jerry Goldberg, Detroit http://www.workers.org/2011/us/banks_destroyed_detroit_0407/ Detroit lost 25 percent of its population in the last decade, according to the 2010 U.S. Census. (Detroit News, March 23) Detroit’s population declined from 951,270 […]
Foreclosures and Evictions
Stop Fannie Mae From Evicting the Hernandez Family! | A detener el Desalojo de Fannie Mae hacia la familia Hernández!
Click here to sign the petition to Fannie Mae español Stop Fannie Mae From Evicting the Hernandez Family! Call/email Fannie & Join the Vigil Ludim and Gabriela Hernandez have raised their three daughters in the […]
Detroit Bankruptcy
Stop the Orr/Snyder Giveaway to the Banks, Thurs., Dec. 17, 2013, 9 AM
Stop Snyder/Orr’s Giveaway to the Banks Demonstrate Tuesday, Dec. 17, 9:00 AM Federal Courthouse – 231 W. Lafayette St., Detroit download Dec 17 flyer EM Orr and Governor Snyder have cut a deal to give […]
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.