You are viewing an obsolete version of the DU website which is no longer
supported by the Administrators.
Visit
The New DU.
Reply #4: "the banks took the unprecedented step..."
[View All]
rabid_nerd
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Aug-21-03 12:54 PM
Response to Original message |
4. "the banks took the unprecedented step..." |
|
Edited on Thu Aug-21-03 12:55 PM by rabid_nerd
"...of refusing to roll over the city's debt, as is customary"
Disregarding that not paying bills on time gives someone the right to forclose/declare in default, it IS unusual for such an occurence to take place.
I also am not a DK guy but there IS obvious evidence of collusion between the banks and the interested outside power company.
|
Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators
Important Notices: By participating on this discussion
board, visitors agree to abide by the rules outlined on our Rules
page. Messages posted on the Democratic Underground Discussion Forums are the
opinions of the individuals who post them, and do not necessarily represent
the opinions of Democratic Underground, LLC.