Detroit Bankruptcy: Wall Street, Lost Revenues Forced Decline, But - TopicsExpress



          

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Detroit Bankruptcy: Wall Street, Lost Revenues Forced Decline, But City Pensioners to Pay the Costs: A federal judge has approved Detroit’s bid to qualify for bankruptcy, putting the city on a path to financial recovery — but threatening the livelihoods of thousands of city workers. In a landmark decision that could harm retiree benefits nationwide, Federal Judge Steven Rhodes ruled that federal bankruptcy la...
Posted on: Wed, 04 Dec 2013 19:09:43 +0000

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