How Detroit Went Bankrupt & The 10 Key Warning Signals To Determine Who's Next

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On July 18, 2013, Detroit, MI filed for Chapter 9 bankruptcy protection. While this came as a surprise to some, it was not unforeseen by S&P Capital IQ. Given Detroit's high profile nature, S&P Capital IQ Risk Solutions has conducted annual case studies on the city's general obligation (GO) debt. Watch Bob Durante, Director of S&P Capital IQ Solutions and Services, discuss how Detroit went bankrupt, and the 10 key warning signals to determine who's next. To learn more about our Scorecard Capabilities, visit www.capitaliq.com/home/what-w...

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