The brightest post-bankruptcy story is perhaps California's Orange County. But its 1994 bankruptcy - the largest in history
Detroit may be the largest city to declare bankruptcy but it probably won't be the last. As more and more cities begin to feel the weight of their debts and pension obligations, Detroit's actions could set a precedent. Guest Dan Pellissier joins to discuss.
The city's two underfunded pension funds sued Detroit Emergency Manager Kevyn Orr and Michigan Governor Rick Snyder to block
At one point, police physically removed protesters and members of the media who were wedged into the lobby. "If you're borrowing
Since at least the 1930s, bondholders in most major municipal bankruptcies consistently have been repaid their entire principal
Click here to see the best run cities in America Click here to see the worst run cities in America From 24/7 Wall St.: The