Weve been following the Detroit bankruptcy since its inception. - TopicsExpress

Weve been following the Detroit bankruptcy since its inception. This week, the Citys prospects of successfully reorganizing were greatly increased as pensioners voted in favor of the Citys proposal to cut pensions by 4.5% cut and forego annual inflation adjustments. Read more below: m.omaha/money/detroit-retirees-back-pension-cuts-by-a-landslide/article_00dd70ae-11ac-11e4-9b50-0017a43b2370.html?mode=jqm

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