Bondholders Win A Big One… Beat Up On The Little Guy

| August 3, 2011

The rules have just changed.  The little guy gets screwed again.  Tiny Central Falls, R.I. filed for bankruptcy on Monday, but a new state law in Rhode Island places bondholders ahead of other creditors. It may turn out to be a bondholder’s dream as the real winners end up being the large municipalities located across the country as they target similar […]

Copyright © 2022 The Stated Truth