This week Kevyn Orr his fourth amended plan for the city's bankruptcy on the city's website. It is easy to access. However,
it is 301 pages in length and accompanied by a 711 page disclosure statement. I have paged through those documents.
The Detroit News has a summary of the pensions issue but
less coverage of OPEB debts. I infer that holders of secured
bonds will be paid in full but holders of unsecured bonds will
get 20 cents on the dollar. Is there any clear synopsis of
this fourth amended plan? Thanks
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