Friday 18 October 2013

Christian Science Monitor | USA: Detroit's bankruptcy woes: five key things to know

Christian Science Monitor | USA
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Detroit's bankruptcy woes: five key things to know
Oct 18th 2013, 19:28

It's a city in continued crisis: There's historic population loss, an auto industry in peril but fighting back, a former mayor heading to federal prison for 28 years, notorious infighting between city hall and its unionized workforce, and pending insolvency that would make Detroit the largest US city to declare Chapter 9 bankruptcy.

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