History suggests Detroit bid to avoid state takeover is futile - Yahoo! News
Looks like it's a done deal. The city will have a state appointed manager who will oversee the financies for the city to get it back into shape and/or make it file for bankrupty. If it files for B it will be the largest in history.
Hum... Wonder if this is a prelude to what will occurr in CA and IL?
Looks like it's a done deal. The city will have a state appointed manager who will oversee the financies for the city to get it back into shape and/or make it file for bankrupty. If it files for B it will be the largest in history.
Hum... Wonder if this is a prelude to what will occurr in CA and IL?