detroit-fiscal-crisis

Detroit
The city's two underfunded pension funds sued Detroit Emergency Manager Kevyn Orr and Michigan Governor Rick Snyder to block
Detroit
Detroit emergency manager Kevyn Orr has reached a settlement with unnamed creditors, according to federal court filings in
Detroit
Orr is holding internal staff meetings and is "hopeful" he can clue the unions in on his plans in the next few days, Nowling
Detroit
A handful of the vehicles are on display at the society's Detroit Historical Museum or on loan to other institutions, but
Detroit
Moody's also on Monday downgraded several Detroit bond issues, including a cut in the city's general obligation unlimited
Detroit
Depending on what Orr has to say on Friday, several dozen to several hundred police and firefighters may decide to retire
Detroit
At one point, police physically removed protesters and members of the media who were wedged into the lobby. "If you're borrowing
Detroit
By Steve Neavling Orr has insisted that a negotiated settlement with creditors and other stakeholders will be preferable
Detroit
"Kevyn is worried about the frequency with which the city is settling frivolous cases," Orr's spokesman Bill Nowling told
Detroit
Most say Detroit is done for, finished. But I just can't reconcile that attitude with what I think is plain to see: Detroit is the best investment opportunity since some numbskull bought Alaska for $7 million.
Detroit
Assured also insures exposure to $321 million of Detroit's general obligation and general fund debt. Even before Orr's report
Detroit
A similar situation has played out in the Jefferson County bankruptcy. A unit of Britain's Lloyds Banking Group and French
Detroit
"He's got the right skill set to deal with the issues confronted here, if anybody does," Kilpatrick said. He was Jones Day's
Detroit
Without a doubt we need the support and accountability that a State of Michigan partnership offers. We cannot address our legacy obligations alone. And, as Detroit goes, so goes Michigan.
Detroit
Crime continues to be Detroit's number one issue. It is on the mind of every citizen. We will not thrive until the perception of Detroit is changed to that of a safe city through reducing the number of crime victims.
Detroit
At the end of 2011, Bing said an emergency manager was a possibility that might make sense for the city. But more recently
Detroit
DETROIT, Feb 19 (Reuters) - A review team appointed by Michigan Governor Rick Snyder to scour Detroit's finances will recommend
Detroit
America loves a big comeback, but Detroiters harbor few illusions. For many here, it's about salvaging what remains of a