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IT’S THE DEBT!

Attorney and Moratorium Now activist Jerry Goldberg says he and Emergency Manager Kevyn Orr are largely in agreement: It is bank debt that is causing the city’s financial crisis. How the debt is dealt with is where they differ. “We challenge the legitimacy of the debt,” Goldberg said, “while Orr is mandated under the law to pay the banks. He’ll do that by selling off assets, including the art in the DIA, th ...

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