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
Strategy Meeting — Make Banks Pay for Detroit’s Fiscal Crisis., Wed., May 29, 7 PM
STRATEGY MEETING — MAKE THE BANKS PAY FOR DETROIT’S FINANCIAL CRISIS BUILD A MASS DEMONSTRATION WHEN EM ORR DELIVERS HIS PUBLIC REPORT Meeting Wednesday, May 29, 7:00 pm, Central United Methodist Church, 23 E. Adams, […]
Foreclosures and Evictions
Pack the Pension Board Meeting, Nov. 15 – Support Paramount Homeowners
Thursday, November 15, 2012 8:45 AM Coleman A. Young Municipal Center 2 Woodward (at Jefferson), Detroit Pack the meeting of the Detroit Firefighters and Police Pension Board in support of Paramount homeowners who are facing […]
Public Debt & Public Debt Moratorium
Fightback Against The “FINANCIAL Advisory Board”
Not One Penny To The Banks Who Have Destroyed Detroit No To Lay-Offs, Wage Cuts, Elimination Of Human Services And Privatization On April 4th, the 44th anniversary of the assassination of Dr. Martin Luther King, […]
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.