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
No To The Emergency Financial Manager
Take It From The Banks, Not The Workers And Community The same banks who destroyed the City of Detroit’s tax base with their racist, predatory loans resulting in approximately 150,000 foreclosures in the past 5 […]
Public Debt & Public Debt Moratorium
People’s Forum to End Emergency Management, Sat., Aug. 17
People’s Forum to End Emergency Management in Michigan What Emergency Management and bankruptcy mean to You and Your Community: The Impact & Solutions Saturday, August 17 9:30am Samaritan Center 5555 Conner Street, #2244 Detroit, MI […]
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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 […]
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.