The Atlantic |
Detroit bankruptcy rattles muni bond investors
USA TODAY SHARE 4 CONNECT 7 TWEET 2 COMMENTEMAILMORE. Detroit's bankruptcy protection filing is introducing the word fear to the vocabulary of investors who have sought shelter in the municipal bond market. Already, municipal bond owners and the cities … 'Detroit is basically broke': cuts, cuts and cuts to follow bankruptcy filing Michigan Governor and Detroit's Manager Call for Patience Michigan Officials Seek to Reassure Residents Over Detroit Bankruptcy |