Detroit files for bankruptcy, stage set for court fight - Reuters
07/18/13
![]()
Detroit files for bankruptcy, stage set for court fight
Reuters
"Detroit simply cannot raise enough revenue to meet its current obligations, and that is a situation that is only projected to get worse absent a bankruptcy filing," wrote Snyder, a Republican, in a letter accompanying the filing. Detroit's creditors ...
[more]
Reuters
"Detroit simply cannot raise enough revenue to meet its current obligations, and that is a situation that is only projected to get worse absent a bankruptcy filing," wrote Snyder, a Republican, in a letter accompanying the filing. Detroit's creditors ...