Detroit filed for the largest municipal bankruptcy in the history of the U.S. on Thursday, July 18, 2013. Detroit’s financial woes are not a recent phenomenon — the city has been in a steady state of decline for years now.
Check out this infographic on the decline of Detroit below
In his first-quarter letter to investors of Greenlight Capital, David Einhorn lashed out at regulators. He claimed that the market is "fractured and possibly in the process of breaking completely." Q1 2021 hedge fund letters, conferences and more Einhorn claimed that many market participants and policymakers have effectively succeeded in "defunding the regulators." He pointed Read More