Analyst: Emergency manager good for D...

Analyst: Emergency manager good for Detroit bondholders

There are 5 comments on the story from Mar 5, 2013, titled Analyst: Emergency manager good for Detroit bondholders. In it, reports that:

While Moody's Investor Service responded cautiously t o last week's announcement that the process of appointing a Detroit emergency manager is underway , a leading municipal analyst has a somewhat rosier view of what a state takeover will mean.

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Romulus, MI

#1 Mar 5, 2013
From Egypt !

Livonia, MI

#2 Mar 5, 2013
Any hope for bonds to be worth more than zero is welcomed.

United States

#3 Mar 5, 2013
dont fall for government bonds rates are low
Yep I Said It

Detroit, MI

#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.

Livonia, MI

#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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