Detroit to Sell Scrap Metal to Help with Bankruptcy - WILX-TV

10/21/14


USA TODAY

Detroit to Sell Scrap Metal to Help with Bankruptcy
WILX-TV
Financial consultant Gaurav Malhotra testified Tuesday in Detroit's bankruptcy trial that the city is budgeting for $25 million over six years from such a sale, but the scrapped metal could bring in about $40 million. Detroit is phasing its electricity ...
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