True Economics

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Showing posts with label Detroit insolvency. Show all posts

Friday, July 19, 2013

19/7/2013: Detroit officially files for Chapter 9

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So after much of prevarication and discussions with the unions (there always discussions with the unions involved), the City of Detroit has...

Friday, June 14, 2013

14/6/2013: Detroit suspends payments on unsecured debt

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I recently wrote (albeit in distinct context) about Detroit's bankruptcy. Here's the latest on the saga: http://www.bloomberg.com...

Thursday, June 6, 2013

6/6/2013: Detroit is about to go bankrupt... differently from the Irish banks

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So who is to say sovereign (or rather quasi-sovereign) defaults are a rarity in fiscal + currency unions? Here's a story about forthcom...

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