Detroit's recently filed annual audit warns that the struggling city faces substantial challenge from a possible $440 million cash payment tied to interest-rate swaps that hedge its pension bonds.
Detroit Files CAFR on Time, Warns of Challenge from Swap Penalties
JAN 3, 2013 5:19pm ET
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October 21-23, 2015San Francisco Marriott Marquis, San Francisco, CA
, New York, NY