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
Public Debt & Public Debt Moratorium
Protest EM Kevyn Orr’s meeting with the public – Monday, June 10, 5:30pm
On Monday, June 10, 5:30 pm, Emergency Manager Kevyn Orr will deliver his Financial and Operating Plan to the public at the Wayne State University Law School, Spencer M. Partrich Auditorium, 471 West Palmer Street. […]
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PUBLIC RALLY and PEOPLE’S ASSEMBLY TO SAVE DETROIT
MAKE THE BANKS PAY DETROIT FOR THE DESTRUCTION THEY CAUSED! Hear an analysis of how the banks swindled Detroit based on thousands of pages of documents on the bond deals obtained through a Freedom Of […]
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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 […]
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.