FBC MONEY With Melissa Francis July 19, 2013
Jumping in with detroits biggest creditor, the interim general counsel for the general retirement system for detroit, and i just spoke to him a few minutes ago. What is the best outcome for your group, do you think . Caller well, best outcome in bankruptcy would be that benefits that accrued for existing retirees and current employees are not diminished or impaired in any manner. Melissa that doesnt seem like whats going to happen, though. Caller it is certainly what we are hopeful for. There has not been a great analysis done from our perspective yet as to the assets of the city as well as pr...