Category Archives: Uncategorized

DPS as well as other Michigan cities, school districts face higher bond costs Aug. 19, 2013/WSJ Detroit’s public-school system is expected to pay a hefty yield premium as it looks to sell $92 million in debt Tuesday, about a month … Continue reading →

  Protesters sit-down in Cadillac Place lobby June 28, 2012 to demand vote on PA 4, which was overwhelming rescinded. Snyder et al replaced it with PA 436 in the dark of the night..  Attorneys for plaintiffs in Phillips et … Continue reading →

By THE EDITORIAL BOARD  THE NEW YORK TIMES Published: August 15, 2013 The Detroit bankruptcy case has been cast as a contest between bondholders and pensioners that can be resolved only by shared sacrifice. In principle, we have no problem … Continue reading →

SWAPS PROBE FINDS BANKS RIGGED RATE AT EXPENSE OF RETIREES By Matthew Leising – Aug 2, 2013 10:17 AM ET Bloomberg News Note from VOD: City of Detroit creditors and home mortgage-holders involved in the probe include Bank of America, … Continue reading →

A judge rules that the NYPD’s practice of stopping, questioning and frisking young black and Latino men violates the Fourth Amendment AlterNet / By Kristen Gwynne August 12, 2013 | On Monday, a decade-long battle to curb the New York … Continue reading →

BANKRUPTCY: HANDS OFF DETROIT! CANCEL CITY’S BANK DEBT! A No Struggle, No Development Production! By Kenny Snodgrass On Aug. 2, 2013, we demonstrated at the Federal Bankruptcy Court. On July 22, Federal Bankruptcy Judge Steven Rhodes, removed the order of … Continue reading →

    Detroit’s Current Pension Assumptions Fall Within Standards: Morningstar By Caitlin Devitt, The Bond Buyer | August 2, 2013 | A new analysis from Morningstar weighs in on the debate over the size of Detroit’s pension liability, suggesting that current … Continue reading →

 SUPPORTERS PACKED COURT, BUT FANNIE MAE WON OUT  By Will Forgrave MLive.com August 9, 2013    JACKSON, MI – After fighting for three years to keep his home, disabled former teacher S. Baxter Jones now has until the end of … Continue reading →

Sanford was charged at 14 with four murders a hit man later confessed to  Appeals Judge Sawyer: “There is a chance that we have an innocent man in jail right now.”  By Diane Bukowski August 9, 2013  DETROIT – The … Continue reading →