Fed's Bullard says Detroit bankruptcy a 'tragedy'

Fri Aug 2, 2013 3:12pm EDT

Aug 2 (Reuters) - St. Louis Federal Reserve President James Bullard said on Friday that "it was a tragedy to see a great American city declare bankruptcy" when Detroit filed in July.

Bullard's comments came after a municipal finance conference in Boston at which he was the keynote speaker.

"Declaring bankruptcy is no panacea," he said, adding that other struggling local governments should avoid it if possible. "It is not a solution. It is a mess."

Anda sedang membaca artikel tentang

Fed's Bullard says Detroit bankruptcy a 'tragedy'

Dengan url

http://streswajah.blogspot.com/2013/08/feds-bullard-says-detroit-bankruptcy.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Fed's Bullard says Detroit bankruptcy a 'tragedy'

namun jangan lupa untuk meletakkan link

Fed's Bullard says Detroit bankruptcy a 'tragedy'

sebagai sumbernya