Comments on: Big muniland haircuts Bridges, budgets, bonds Mon, 24 Nov 2014 00:29:08 +0000 hourly 1 By: ejhickey Thu, 20 Jun 2013 05:18:34 +0000 “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