Godlike Productions - Discussion Forum
Users Online Now: 2,151 (Who's On?)Visitors Today: 1,437,457
Pageviews Today: 1,972,594Threads Today: 490Posts Today: 8,538
03:31 PM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

Detroit bankruptcy valid, federal court rules

 
Exemplar
Offer Upgrade

User ID: 43799730
United States
07/25/2013 06:50 AM

Report Abusive Post
Report Copyright Violation
Detroit bankruptcy valid, federal court rules
[link to business.financialpost.com]

The eligibility of the city to remain under bankruptcy protection will be determined in federal court, not state court, U.S. Bankruptcy Judge Steven Rhodes in Detroit said Wednesday.

Rhodes agreed with Detroit and stopped any lawsuits challenging the city’s bankruptcy, declaring his courtroom the exclusive venue for legal action in the largest filing by a local government in U.S. history.
Anonymous Coward
User ID: 43982104
United States
07/25/2013 06:54 AM
Report Abusive Post
Report Copyright Violation
Re: Detroit bankruptcy valid, federal court rules
Thread: Detroit was destroyed by the Banks of England! Reinstate Glass-Steagall NOW! Pension funds to get 2 cents on the $ in bankruptcy, Banks to get
Anonymous Coward
User ID: 6911698
United States
07/25/2013 07:31 AM
Report Abusive Post
Report Copyright Violation
Re: Detroit bankruptcy valid, federal court rules
who would invest in Detroit anyway? Where did the money come from so Detroit could go into debt in the first place?

I have a feeling it's someone using tax deductible money.
Anonymous Coward
User ID: 43298490
Germany
07/25/2013 07:54 AM
Report Abusive Post
Report Copyright Violation
Re: Detroit bankruptcy valid, federal court rules
Let's see who buy's the land at pennies on the dollar. Who the calls for a tax-payer funded rejuvenation program which will make the worthless land priceless. Then you will wealth that belonged to the people of Detroit transfered to the Oligarchs.

Take a functioning city... implement policy that collapses it...... buy up the property.....then rebuild it at tax-payer expense...transfer of wealth.





GLP