Detroit Rescue Bid Debated as City Confronts Bankruptcy - Bloomberg

06/10/13


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Detroit Rescue Bid Debated as City Confronts Bankruptcy
Bloomberg
Orr's call for concessions will be “staggering,” Bill Nowling, a spokesman, said in a June 7 interview. He declined to elaborate. Negotiations could extend into August or beyond, Orr said in a June 5 interview. He hasn't excluded bankruptcy as an option.
Detroit to offer creditors pennies on the dollarUSA TODAY

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