Detroit’s Creditors Claim The City Is Too Dangerous For Judge Rhodes To Tour Deadline Detroit As if some of the holdout creditors needed to generate less goodwill in the city. Now this. Robert Snell of the Detroit News reports that three holdout creditors — Assured Guaranty Municipal Corp., Berkshire Hathaway Assurance Corp. and Financial Guaranty […]
Packard Plant Auction Shows Why Former Soviet Republics Have Higher Bond Ratings Than Wayne County “You’re going to find out, if you stick around, that a lot of the people holding political power are some bizarre incompetent sons of bitches” -Detroit Political Consultant Adolph Mongo The Wayne County Treasurer’s Office handling of the Packard plant […]
Jill Van Horn Issues Rambling Press Release Referring To Herself As A Prophet Who Will Save The World’s Largest Industrial Ruin And Detroit “Prior to placing the bid on the Packard Plant, Dr. Van Horn’s prophecy was to resurrect Detroit by providing education, jobs and vocational training to the city’s residence, simultaneously unplugging the financial arteries […]
Even Ferris Bueller’s Gullible Mom Wouldn’t Believe The $6 Million Bid For The Packard Plant Is Serious But Wayne County Deputy Treasurer David Szymanski Does “Wake up and smell the coffee, Mrs. Bueller. It’s a fool’s paradise. He is just leading you down the primrose path.” -Edward R. Rooney, Dean of Students, Ferris Bueller’s Day […]
Enigmatic Bid And Cryptic Answers Make It Appear Shenanigans Are Afoot With $6 Million Pandemonium erupted in Detroit media last night and today when it was announced that a doctor from suburban Houston named Jill Van Horn was the top bidder for the abandoned Packard plant on Detroit’s east side with a winning bid of […]
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