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Detroit Is Going to Stiff Pensioners...About Time
| Fiercely-loyal Electric Pistol | 06/14/13 |
| boyish den | 06/14/13 |
| sinister bearded library cuck | 06/14/13 |
| floppy filthpig | 06/14/13 |
| honey-headed hell private investor | 06/14/13 |
| Ocher beady-eyed milk | 06/14/13 |
| honey-headed hell private investor | 06/14/13 |
| rambunctious dark stock car | 06/14/13 |
| Razzle gay ladyboy | 06/14/13 |
Poast new message in this thread
Date: June 14th, 2013 9:08 PM Author: Fiercely-loyal Electric Pistol 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: boyish den 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: sinister bearded library cuck 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: floppy filthpig 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: honey-headed hell private investor 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: Ocher beady-eyed milk 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: honey-headed hell private investor 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: rambunctious dark stock car 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: Razzle gay ladyboy detroit: a paragon of liberalism (http://www.autoadmit.com/thread.php?thread_id=2282171&forum_id=2#23398228) |