Leid Stories - 01/17/14

2014-01-17

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A Victory Over Banksters in Detroit; CNN in the CrosshairsDetroiters who long had blamed their city’s financial crisis on predatory deals banks and other lending institutions were able to close with a corrupt previous administration felt vindicated yesterday, when the judge overseeing Detroit’s bankruptcy rejected a $169-million settlement offer from two creditor-banks as being “just too much money.”Abayomi Azikiwe, editor of Pan-African News Wire, d...

A Victory Over Banksters in Detroit; CNN in the Crosshairs

Detroiters who long had blamed their city’s financial crisis on predatory deals banks and other lending institutions were able to close with a corrupt previous administration felt vindicated yesterday, when the judge overseeing Detroit’s bankruptcy rejected a $169-million settlement offer from two creditor-banks as being “just too much money.”

Abayomi Azikiwe, editor of Pan-African News Wire, discusses the court battle, Gov. Rick Snyder’s latest lackluster response to the crisis, and what lies ahead.

Listeners discuss how best to convey outrage at CNN’s “coverage” of Dennis Rodman’s recent basketball-diplomacy trip to the Democratic People’s Republic of Korea.

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