'Insolvent' Detroit moves closer to filing for bankruptcy ...

06/15/13


Raw Story

'Insolvent' Detroit moves closer to filing for bankruptcy
Raw Story
It would be a first for a major U.S. city as New York, Philadelphia and Cleveland all avoided formal bankruptcy filings during their financial difficulties. New York also declared a moratorium on some debt payments in the 1970s, but creditors were ...
Detroit Bankruptcy Possible, City Says It Will Stop Paying Some Debts To ...Huffington Post
RPT-Detroit creditors brace for haircuts, or worse, at meeting to avoid bankruptcyReuters
Detroit debt owner: Orr will come up with plan to repay bondholders in fullCrain's Detroit Business

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