FGIC Wants Damages In Detroit's Bid To Undo $1.5B Debt

By Andrew Scurria · August 14, 2014, 5:41 PM EDT

Financial Guaranty Insurance Co. on Wednesday challenged Detroit's attempt to invalidate $1.45 billion in borrowings from the Kwame Kilpatrick era that were meant to solve unfunded pension liabilities but have been...

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