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oops... Detroits Creditors brace for haircuts or worse, at meeting to avoid bankruptcy.....10 cents on the dollar..UPDATE: DETROIT IS FUCKED

 
Uncle Fuck Stick
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06/14/2013 12:55 AM

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oops... Detroits Creditors brace for haircuts or worse, at meeting to avoid bankruptcy.....10 cents on the dollar..UPDATE: DETROIT IS FUCKED
[link to www.cnbc.com] Historically, bondholders have not lost the principal amount owed them as a result of financial restructurings of major cities.

Local media reports say that Orr will push creditors in his restructuring report to take as little as 10 cents for each dollar the city owes. Orr's spokesman declined to comment on the reports.

INSURERS LIKELY FIRST TO NEGOTIATE

Unlike in corporate Chapter 11 bankruptcies, judges have more limited powers in a municipal Chapter 9 proceeding. A judge in a Detroit bankruptcy could not replace Orr, liquidate the city, or force it to sell assets or raise taxes.



FLASH BACK TO DECEMBER 2012

Last Edited by Uncle Fuck Stick on 06/14/2013 01:29 AM
Uncle Fuck Stick (OP)
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06/14/2013 12:58 AM

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Re: oops... Detroits Creditors brace for haircuts or worse, at meeting to avoid bankruptcy.....10 cents on the dollar..UPDATE: DETROIT IS FUCKED
And for all of you who don't know how Detroit city council is run



End weez ax lick this cuz.




Andn if youz Ken git passt duh elitratethen we Ken beez prezdent like Barack Hussein Obama




And stay tuned for the interview with the council member...QUESTION :Is she mentally challenged....I mean would you hire her...I wouldn't trust her with a corked fork....

Uncle Fuck Stick (OP)
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06/14/2013 01:34 AM

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Re: oops... Detroits Creditors brace for haircuts or worse, at meeting to avoid bankruptcy.....10 cents on the dollar..UPDATE: DETROIT IS FUCKED
racist wtermelon bamabutter2 bamaerkel
Uncle Fuck Stick (OP)
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06/14/2013 07:37 AM

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Re: oops... Detroits Creditors brace for haircuts or worse, at meeting to avoid bankruptcy.....10 cents on the dollar..UPDATE: DETROIT IS FUCKED
bump
Anonymous Coward
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06/14/2013 07:42 AM
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Re: oops... Detroits Creditors brace for haircuts or worse, at meeting to avoid bankruptcy.....10 cents on the dollar..UPDATE: DETROIT IS FUCKED
Damn.Keeps getting worse and worse here
#1 Obama supporter

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06/14/2013 08:35 AM

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Re: oops... Detroits Creditors brace for haircuts or worse, at meeting to avoid bankruptcy.....10 cents on the dollar..UPDATE: DETROIT IS FUCKED
its not black peoples fault Detroit is a mess....it is republicans and congress fault not letting Obama finish the hope and change campaign he started
YES WE CAN
No Dhimmi
Proud Infidel

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06/14/2013 08:00 PM

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Re: oops... Detroits Creditors brace for haircuts or worse, at meeting to avoid bankruptcy.....10 cents on the dollar..UPDATE: DETROIT IS FUCKED
Without a clue
Background of my avatar: [link to bibelen.spam]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.

[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to prophetofdoom.net]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
Uncle Fuck Stick (OP)
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07/18/2013 05:55 PM

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Re: oops... Detroits Creditors brace for haircuts or worse, at meeting to avoid bankruptcy.....10 cents on the dollar..UPDATE: DETROIT IS FUCKED
[link to www.detroitnews.com]

gameover
Uncle Fuck Stick (OP)
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07/19/2013 11:08 PM

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Re: oops... Detroits Creditors brace for haircuts or worse, at meeting to avoid bankruptcy.....10 cents on the dollar..UPDATE: DETROIT IS FUCKED
detroit is crust
Sikhed
Cat herder

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07/19/2013 11:18 PM

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Re: oops... Detroits Creditors brace for haircuts or worse, at meeting to avoid bankruptcy.....10 cents on the dollar..UPDATE: DETROIT IS FUCKED
OP:
A haircut?
knockout

Try a scalping!
doom360
Uncle Fuck Stick (OP)
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12/03/2013 08:15 PM

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Re: oops... Detroits Creditors brace for haircuts or worse, at meeting to avoid bankruptcy.....10 cents on the dollar..UPDATE: DETROIT IS FUCKED
bump

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