Comments on: Don’t let Chicago’s crisis go to waste http://blogs.reuters.com/muniland/2014/03/07/dont-let-chicagos-crisis-go-to-waste/ Bridges, budgets, bonds Mon, 24 Nov 2014 00:29:08 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: nixonfan http://blogs.reuters.com/muniland/2014/03/07/dont-let-chicagos-crisis-go-to-waste/comment-page-1/#comment-2427 Fri, 07 Mar 2014 23:11:18 +0000 http://blogs.reuters.com/muniland/?p=13571#comment-2427 Detroit suggests that investors have underestimated loss severity for defaulting cities. There is a good possibility that the state’s constitutional protection of pensions may prevail over all other creditors. GOs are junior to pensions and to revenues. They are sub debt.

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By: nixonfan http://blogs.reuters.com/muniland/2014/03/07/dont-let-chicagos-crisis-go-to-waste/comment-page-1/#comment-2428 Fri, 07 Mar 2014 23:11:18 +0000 http://blogs.reuters.com/muniland/?p=13571#comment-2428 Detroit suggests that investors have underestimated loss severity for defaulting cities. There is a good possibility that the state’s constitutional protection of pensions may prevail over all other creditors. GOs are junior to pensions and to revenues. They are sub debt.

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By: nixonfan http://blogs.reuters.com/muniland/2014/03/07/dont-let-chicagos-crisis-go-to-waste/comment-page-1/#comment-2426 Fri, 07 Mar 2014 23:11:02 +0000 http://blogs.reuters.com/muniland/?p=13571#comment-2426 Detroit suggests that investors have underestimated loss severity for defaulting cities. There is a good possibility that the state’s constitutional protection of pensions may prevail over all other creditors. GOs are junior to pensions and to revenues. They are sub debt.

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By: Cate_Long http://blogs.reuters.com/muniland/2014/03/07/dont-let-chicagos-crisis-go-to-waste/comment-page-1/#comment-2423 Fri, 07 Mar 2014 15:14:10 +0000 http://blogs.reuters.com/muniland/?p=13571#comment-2423 Standard & Poor’s Public Finance Podcast (Detroit, Chicago, And Charter Schools)

https://ratings.standardandpoors.com/?vi deo=248874011&sf2063920=1

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