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Author: Dr. Raymond Kordonowy

Moral Hazard Anyone?

This article is a response to a story in this Weekend’s Wall Street Journal (June 15-16, 2013) which explains that Detroit is quickly heading to bankruptcy. http://online.wsj.com/article/SB10001424127887324688404578545373282545626.html?mod=WSJ_hp_LEFTWhatsNewsCollection