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
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 […]
Public Debt & Public Debt Moratorium
Say NO to EM Orr and Wall Street! – Thurs., June 6, 5:30pm
Demonstration Against EM Orr and the Banks Greater Grace Temple 23500 West Seven Mile at Telegraph, Detroit map Hotline: 313-744-7912 It appears that cowed by the threat of demonstrations exposing Detroit Emergency Manager Orr as […]
Foreclosures and Evictions
Michigan Proposals-Vote NO on Proposal 1 and YES on 2, 3, 4
MAKE THE BANKS AND THE ONE % PAY, NOT THE WORKERS AND COMMUNITY This November 6, unlike some Election Days, there are real reasons to go to the polls and vote. On the ballot are […]
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.