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Transcripts For CNBC Power Lunch 20130719

On what to do. Watch your toes, sue. Absolutely, ty. Chilling pictures. Wait until you see them. Its amazing how close the sharks are getting to shore. We start with detroits bankruptcy filing. They filed the largest ever municipal bankruptcy late yesterday afternoon. The citys state appointed emergency manager sought bankruptcy protection rather than taking more money from the battered Emergency Services department to pay off the debt. Today michigans Governor Rick Snyder said many of the citys creditors arent sure theyll ever be repaid. This is the cover though of todays detroit free press. Its a pretty big headline and an optimistic one. It says a chance for a fresh start. Well, we certainly hope thats the case, but we dont know yet. Robert frank is reporting on how some may see opportunity now in detroit, of course, with the situation, but first, well start with Kayla Tausche on who the detroit bondholders are. Sue, Governor Snyder alluded to them but a lot of ink has been given to

Transcripts For KQED Nightly Business Report 20130720

Wave hits . All that and more on nightly Business Report for friday, july 19th. Good evening everyone. Im sue herrera. Susie gharib is off tonight. The day after the largest municipality in the bankruptcy history and today, the reality how bad things are in detroit and how bad they can get. How much will bondholders recover and what about the pensions of current policemen, firemen and other city workers . The unknowns with the growing number of lawsuits being filed, they will likely take years to shake out. Brian sullivan is on the ground in detroit where city and state officials are hoping this drastic move will save the city. For years detroit is living on borrowed money and time and now it seems the city may have run out of both. Detroit filing the largest municipal bankruptcy in the United States listing billions in obligations, hundreds of millions in deficits and 100 thousand or more creditors. They blame the declining population, which sent the population down by more than half

Sustainable and Equitable Development for ALL Guyanese

Sustainable and Equitable Development for ALL Guyanese
kaieteurnewsonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kaieteurnewsonline.com Daily Mail and Mail on Sunday newspapers.

Guyana s NY Consul General recognized by the Town of Hempstead

Guyana s NY Consul General recognized by the Town of Hempstead
stabroeknews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stabroeknews.com Daily Mail and Mail on Sunday newspapers.

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