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Only Wall Street Wins in Detroit Crisis Reaping $474 Million Fee

Posted on March 14 2013 by Spectrevision Event-Horizon

Only Wall Street Wins in Detroit Crisis Reaping $474 Million Fee

Only Wall Street Wins in Detroit Crisis Reaping $474 Million Fee

www.bloomberg.com
The only winners in the financial crisis that brought Detroit to the brink of state takeover are Wall Street bankers who reaped more than $474 million from a city too poor to keep street lights working.

http://www.bloomberg.com/news/2013-03-14/only-wall-street-wins-in-detroit-crisis-reaping-474-million-fee.html

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