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Detroit Is Going to Stiff Pensioners...About Time
| Brass Police Squad Digit Ratio | 06/14/13 |
| Cracking crackhouse gaping | 06/14/13 |
| provocative green range | 06/14/13 |
| frum pisswyrm | 06/14/13 |
| boyish gay resort | 06/14/13 |
| Abusive National Security Agency | 06/14/13 |
| boyish gay resort | 06/14/13 |
| Misunderstood 180 azn | 06/14/13 |
| translucent big-titted nursing home | 06/14/13 |
Poast new message in this thread
Date: June 14th, 2013 9:08 PM Author: Brass Police Squad Digit Ratio 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: Cracking crackhouse gaping 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: provocative green range 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: frum pisswyrm 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: boyish gay resort 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: Abusive National Security Agency 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: boyish gay resort 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: Misunderstood 180 azn 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: translucent big-titted nursing home detroit: a paragon of liberalism (http://www.autoadmit.com/thread.php?thread_id=2282171&forum_id=2#23398228) |