In Rhode Island Bankruptcy, Bondholders Came First - Fox Business
07/25/13
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In Rhode Island Bankruptcy, Bondholders Came First
Fox Business
In contrast, Detroit, prior to filing for bankruptcy, asked its general obligation bondholders to accept massive losses -- offering less than 20 cents on the dollar -- on their investments. The request was rejected and the city and its creditors seem ...
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Fox Business
In contrast, Detroit, prior to filing for bankruptcy, asked its general obligation bondholders to accept massive losses -- offering less than 20 cents on the dollar -- on their investments. The request was rejected and the city and its creditors seem ...