Do you know the fundamentals?
According to the latest Moneytrack/IPT Investing Secrets Survey, just one-percent of American investors grasp financial basics, and only about a third know more than half. To avoid falling victim to...
View ArticleFinancial Plan: Flint Union Contracts Under Review
FLINT (AP) - Flint’s city employee union contracts are under review for possible renegotiation, according to a new financial plan from a state-appointed emergency financial manager. The plan includes...
View ArticleFlint Emergency Manager Says 3 Unions OK Deals
FLINT (WWJ/AP) - Flint’s state-appointed emergency financial manager says two police unions and a firefighters union have voted to approve labor agreements with the city following talks about potential...
View ArticleDetroit EM Releases Financial Plan; City Exceeding Budget By $100M Annually
DETROIT (WWJ/AP) - Detroit is broke. That’s the gist of a new report from the city’s emergency manager, Kevyn Orr, who is officially presenting his financial plans for the city on Monday. Talking...
View ArticleDetroit’s Debt Restructuring Plan ‘Complicated’
By Corey Williams, Associated Press DETROIT (AP) - A proposed plan to restructure Detroit’s debt calls for retirees and pensioners to receive $4.3 billion in payments and bondholders about $1.1 billion...
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