The Bond Buyer
Moody's: Detroit's Preference for Pensioners Could Influence Other Distressed Cities
The Bond Buyer recently quoted an article authored by Jim Spiotto on MuniNet Guide, which he co-publishes. In the article, Jim Spiotto warned that Detroit's efforts to repudiate $1.4 billion of certificates of participation goes against historical precedent and "strains notions of fairness and justice."
Click here to read the full Bond Buyer story.