Analyst: Emergency manager good for D...

Analyst: Emergency manager good for Detroit bondholders

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

Join the discussion below, or Read more at MLive.com.

Skeeter

Romulus, MI

#1 Mar 5, 2013
From Egypt !
Pete

Livonia, MI

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

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.
Pete

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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