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    Who are the NERD fund donors Mr Snyder?

    Raise the curtain.

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    Important to know, yes. But... (none / 0) (#1)
    by KG One on Sat Sep 28, 2013 at 10:12:23 AM EST
    ...where's the backback/payoff?

    Short of An Act of God, Detroit's bankruptcy will be going through.

    Pensioners WILL be taking a haircut.

    Investors will be lucky to be getting pennies on the dollar.

    Assets will be ordered sold (i.e. DIA Collection, Water Dept., etc.)

    Now I don't know if anyone thought differently, but none of the city retirees I've spoken with have indicated that they have voted for anyone with a "-r" after their name.


    If I were an investment firm, I wouldn't making any donations in the future to any politician, or anyone associated with a politician, that had cost me some serious coin.

    That leaves us with most rationale target: The Detroit Fire Sale.

    Unless Orr figures out some way to hold a closed bid process with zero oversight, or figures out some way to rig it, where's the payback?

    • Dodd-Frank by Corinthian Scales, 09/28/2013 12:24:35 PM EST (none / 0)

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