Detroit Defaults on More Than $600 Million of 'Unsecured' Bonds

Detroit Defaults on More Than $600 Million of 'Unsecured' Bonds

Detroit on Tuesday defaulted on more than $600 million of general obligation bonds deemed unsecured by the city’s emergency manager, a city spokesman said.

Reuters


Comment count on this article reflects comments made on Breitbart.com and Facebook. Visit Breitbart's Facebook Page.