Fed official hints many cities to follow Detroit bankruptcy road - R...

04/14/15


RT

Fed official hints many cities to follow Detroit bankruptcy road
RT
"While these particular bankruptcy filings have captured a considerable amount of attention, and rightly so, they may foreshadow more widespread problems than what might be implied by current bond ratings," Dudley said, according to a text of his speech.
Detroit, Stockton bankruptcies may flag wider problems - New York Fed chiefYahoo Finance UK

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