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Detroit CFO: City Won't Run out Cash despite Loss of $30M in Bond Proceeds

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Byline: Caitlin Devitt CHICAGO a aBankruptcy is not an optiona and Detroit is not going to run out money or miss a debt payment by the end of the year, the cityas chief financial officer said Wednesday. CFO Jack Martin made the comments with Mayor Dave Bing at an afternoon press conference held a ... (Publication: The Bond Buyer)

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