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Detroit Is Going to Stiff Pensioners...About Time
| cobalt theater stage | 06/14/13 |
| exhilarant ratface | 06/14/13 |
| Pea-brained Menage Idiot | 06/14/13 |
| Citrine Impertinent Cruise Ship Doctorate | 06/14/13 |
| thriller casino deer antler | 06/14/13 |
| Cerebral area | 06/14/13 |
| thriller casino deer antler | 06/14/13 |
| Mustard lascivious rigor | 06/14/13 |
| Milky piazza | 06/14/13 |
Poast new message in this thread
Date: June 14th, 2013 9:08 PM Author: cobalt theater stage http://detroit.cbslocal.com/2013/06/14/detroit-emergency-manager-proposes-plan-to-creditors/
"Perhaps the most dramatic aspect of his plan: Orr said, starting now, there will be a moratorium on debt payments for all unsecured funded debt. Creditors are being asked to take about 10 cents on the dollar of what’s owed them. Underfunded pension claims would get less."
About damn time!
"According to Orr’s 128-page proposal, the $11.5 billion in unsecured claims include $5.7 billion in post-retirement benefits, $1.43 billion in pension obligation certificates and $530 million in general-obligation bonds. "
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Date: June 14th, 2013 9:21 PM Author: exhilarant ratface jfc. (http://www.autoadmit.com/thread.php?thread_id=2282171&forum_id=2#23397811) |
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Date: June 14th, 2013 9:40 PM Author: Pea-brained Menage Idiot no way they dont file (http://www.autoadmit.com/thread.php?thread_id=2282171&forum_id=2#23397907) |
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Date: June 14th, 2013 10:20 PM Author: Citrine Impertinent Cruise Ship Doctorate This is the problem with pensions. They are great til you get fucked. (http://www.autoadmit.com/thread.php?thread_id=2282171&forum_id=2#23398122) |
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Date: June 14th, 2013 10:32 PM Author: thriller casino deer antler There will be a bailout. There's always a bailout. No way Obama is going to let pensioners get screwed. (http://www.autoadmit.com/thread.php?thread_id=2282171&forum_id=2#23398184) |
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Date: June 14th, 2013 10:34 PM Author: Cerebral area lol no. fucking. way. (http://www.autoadmit.com/thread.php?thread_id=2282171&forum_id=2#23398193) |
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Date: June 14th, 2013 10:37 PM Author: thriller casino deer antler link? (http://www.autoadmit.com/thread.php?thread_id=2282171&forum_id=2#23398212) |
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Date: June 14th, 2013 10:41 PM Author: Mustard lascivious rigor obamacantdoanythinguntilthedemsgetthehouseback.com (http://www.autoadmit.com/thread.php?thread_id=2282171&forum_id=2#23398238) |
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Date: June 14th, 2013 10:40 PM Author: Milky piazza detroit: a paragon of liberalism (http://www.autoadmit.com/thread.php?thread_id=2282171&forum_id=2#23398228) |