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Religion & Law

: Constitutionally Correct

Detroit Warns of Bankruptcy Risk as City Prepares Bond Sale

By ADF Alliance Alert

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Bloomberg: "Detroit, the largest U.S. city whose debt is rated below investment grade, warned investors of the risk of bankruptcy as it prepares to sell $250 million of bonds to help close its budget deficit."

Full post as published by Constitutionally Correct on March 05, 2010 (boomark / email).

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