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Detroit Default

Detroit Defaults On ANOTHER Debt

AP | Posted 10.03.2013 | Detroit

DETROIT -- DETROIT (AP) — Detroit, not unexpectedly, has defaulted on its most recent general obligation bond debt payment, Moody's Investors Servic...

Detroit Is Doing Something That's Never Been Tried Before

Reuters | Posted 08.17.2013 | Detroit

June 17 (Reuters) - Detroit's default and debt restructuring plan are precedent-setting in the U.S. municipal market, Moody's Invest...

Plan For Detroit Will Put City In Default: Fitch Ratings

Reuters | Posted 08.14.2013 | Detroit

June 14 (Reuters) - Credit rating agency Fitch said it would consider Detroit to be in default if it stops making payments on certain obligations as...