Analyst: Emergency manager good for Detroit bondholders
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#1 Mar 5, 2013
From Egypt !
#2 Mar 5, 2013
Any hope for bonds to be worth more than zero is welcomed.
#3 Mar 5, 2013
dont fall for government bonds rates are low
#4 Mar 11, 2013
Those are the same bonds that Detroit already took loans out on. DON'T INVEST or you will end up owing.
#5 Mar 11, 2013
The idea is that Snyder and the state will help Detroit by insuring payment of the bonds. The bonds are immediately worth more, hopefully closer to par. If you don't own any now, don't.
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