There's secured debt and guaranteed debt by the state, there's only $ 50 million in vendor debt that's unsecured debt that a bankruptcy could logically deal with. It's not worth it for that. Steven Rhodes More Quotes by Steven Rhodes More Quotes From Steven Rhodes The alternative is another year, or more, of increasing. deficits and debt, and more yearly requests for supplemental appropriations. Steven Rhodes us-news The actions of these individuals are reprehensible and represent a breach of the public trust. Steven Rhodes us-news When I left the court, I really promised Steven Rhodes and my colleagues that I would not appear before them really ever, if they do want to pursue a bankruptcy, of course they are perfectly welcome to do that. They'll just find someone else to do it. Steven Rhodes us-news It would be a disaster for the kids. It would be a disaster for parents. It would be a disaster for the city. It would be a disaster for the state. It can't happen. So I don't believe it will happen. Steven Rhodes us-news I sincerely hope that the bondholders will see this report for what it is - a wake up call to come to the table, i don't see a way in which bondholders could be made whole. Steven Rhodes business Chapter 9 provides a focus, a mechanism, an urgency, and a supervision that's lacking without it. Steven Rhodes business
