Process to handle a financial emergency in limbo after Prop 1's...

11/11/12

Process to handle a financial emergency in limbo after Prop 1's defeat
Crain's Detroit Business
With Detroit months away from running out of cash, and the only law keeping the door open to municipal bankruptcy under threat in litigation, officials say the state cannot afford the status quo and Gov. Rick Snyder will have to get behind either new ...

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