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Breaking News Home | All | Religion | Society | Tech | Choice | FF | SA News
FRONT PAGE  |  12/8/2016
Choice News FRIDAY, JUL 19, 2013  |  3 comments  |  2 commentaries
Decades of decay, high debt lead Detroit into bankruptcy
The city of Detroit filed the largest municipal bankruptcy case in U.S. history Thursday afternoon, culminating a decades-long slide that transformed the nation’s iconic industrial town into a model of urban decline crippled by population loss, a dwindling tax base and financial problems.

The 16-page petition was filed in U.S. Bankruptcy Court in Detroit.

Gov. Rick Snyder’s office was making plans this afternoon to hold a 10 a.m. Friday morning news conference at the Maccabees Building, 5057 Woodward in Midtown, according to his office. It’s the same location where the governor declared a financial emergency for Detroit on March 1. ...


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www.detroitnews.com

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Decades of decay, high debt... • 430+
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News Item7/21/13 6:25 AM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
One company making money in Detroit --

A Shuffle of Aluminium but to Banks Pure Gold!

3

News Item7/19/13 11:46 AM
Tebbit | Exodus  Find all comments by Tebbit
Nothing unconceived about it. Those who could got on their bikes and found work elsewhere.
2

News Item7/19/13 7:43 AM
Memorial to the unconceived  Find all comments by Memorial to the unconceived
"urban decline crippled by population loss"
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