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URL:  http://boards.fool.com/detroit-files-for-bankruptcy-30784780.aspx

Subject:  Detroit files for bankruptcy Date:  7/18/2013  11:59 PM
Author:  MisterFungi Number:  35017 of 35345

http://www.detroitnews.com/article/20130718/AUTO01/307180117...

I am hopeful that this will not have much impact on muni bonds. But at my age, I cannot take chances. I sold 3/4 of my muni bond holdings earlier today as the rumor began to circulate. (I have spent many years working in Detroit.)
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