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Tag Archives: Rick Snyder
Editorial: Detroit faces hardship, but then hope
By Detroit Free Press Editors The can of consequences Detroit’s been kicking down the road for decades finally came to a landing Thursday in federal bankruptcy court. The filing was inevitable. Faced with a steadily collapsing fiscal structure, the city’s … Continue reading
Detroit files thousands of pages of documents in bankruptcy, lists 100,000 creditors
By Nathan Bomey, Brent Snavely, & Alisa Priddle The city of Detroit filed thousands of documents in its bankruptcy case late Thursday, as Detroit emergency manager Kevyn Orr builds a case that the city is insolvent and must execute a dramatic … Continue reading
Detroit goes bankrupt, largest municipal filing in U.S. history
By Michael A. Fletcher Detroit filed the largest municipal bankruptcy in the nation’s history Thursday afternoon, capping a long decline that left the nation’s automaking capital bleeding residents and revenue, while rendering city services a mess. The nation’s fourth-largest city … Continue reading
Posted in News from the Soul Brother
Tagged $19 billion, bankruptcy, debt, Detroit, Michigan, Rick Snyder, United States
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