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Dimon: Detroit's Bankruptcy Won't Hurt Michigan Muni Market.

Authors :
Devitt, Caitlin
Source :
Bond Buyer; 5/22/2014, Vol. 123 Issue 34114, p1-1, 1p
Publication Year :
2014

Abstract

The article focuses on the statement of the Detroit Free Press, related to financial services company JP Morgan Chase's chief executive officer Jamie Dimon asserting for Michigan's Detroit bankruptcy or treatment of its bondholders to hurt the state's municipal bond market. It states that that the bank will make a 100 million dollars investment in Detroit over the next five years in the forms of loans and grants.

Details

Language :
English
ISSN :
07320469
Volume :
123
Issue :
34114
Database :
Complementary Index
Journal :
Bond Buyer
Publication Type :
Periodical
Accession number :
96150102