Comments on: Big muniland haircuts http://blogs.reuters.com/muniland/2013/06/12/big-muniland-haircuts/ Bridges, budgets, bonds Mon, 24 Nov 2014 00:29:08 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: ejhickey http://blogs.reuters.com/muniland/2013/06/12/big-muniland-haircuts/comment-page-1/#comment-2255 Thu, 20 Jun 2013 05:18:34 +0000 http://blogs.reuters.com/muniland/?p=12747#comment-2255 “These revenue bonds were issued by the water and sewage systems and are secured by their revenues;”

however as detroit’s population shrinks, so will the revenue from the water and sewage systems. i don’t think those bonds are as secure as Rosenblum thinks

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