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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Organizing Meeting – Make the Banks Pay for Detroit’s Financial Crisis, Mon., Jan. 28, 7 PM
The Banks Owe the City of Detroit Billions of Dollars for the Destruction of Our Neighborhoods CANCEL THE CITY’S DEBT — MAKE THE BANKS PAY,NOT THE WORKERS AND COMMUNITY No financial manager or “financial stability […]
Public Debt & Public Debt Moratorium
50th Anniversary march in commemoration of the Great March to Freedom, Saturday, June 22, 9 am
Join the Moratorium NOW! Coalition contingent at the 50th Anniversary March in commemoration of the Great March to Freedom. Saturday, June 22, 9 am. March begins at Martin Luther King, Jr. Boulevard and Woodward and […]
Foreclosures and Evictions
Pack the Pension Board Meeting, Nov. 29 – Support Paramount Homeowners
Thursday, November 29, 2012 10:30 AM Coleman A. Young Municipal Center, 9th floor 2 Woodward (at Jefferson), Detroit For the first time ever, the Pension Board has agreed to Paramount Homeowners on the Agenda, as […]
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.