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Detroit Is Going to Stiff Pensioners...About Time

http://detroit.cbslocal.com/2013/06/14/detroit-emergency-man...
Chocolate Violent Lay Rigpig
  06/14/13
jfc.
Appetizing self-centered hunting ground
  06/14/13
no way they dont file
boyish community account background story
  06/14/13
This is the problem with pensions. They are great til you g...
Racy lodge patrolman
  06/14/13
There will be a bailout. There's always a bailout. No way Ob...
fragrant friendly grandma
  06/14/13
lol no. fucking. way.
indigo odious pervert
  06/14/13
link?
fragrant friendly grandma
  06/14/13
obamacantdoanythinguntilthedemsgetthehouseback.com
Bossy Razzmatazz Cruise Ship
  06/14/13
detroit: a paragon of liberalism
hot kink-friendly step-uncle's house
  06/14/13


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Date: June 14th, 2013 9:08 PM
Author: Chocolate Violent Lay Rigpig

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. "



(http://www.autoadmit.com/thread.php?thread_id=2282171&forum_id=2#23397719)



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Date: June 14th, 2013 9:21 PM
Author: Appetizing self-centered hunting ground

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: boyish community account background story

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: Racy lodge patrolman

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: fragrant friendly grandma

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: indigo odious pervert

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: fragrant friendly grandma

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: Bossy Razzmatazz Cruise Ship

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: hot kink-friendly step-uncle's house

detroit: a paragon of liberalism

(http://www.autoadmit.com/thread.php?thread_id=2282171&forum_id=2#23398228)