This week on Michigan Matters, host Carol Cain invites Judge Greg Mathis to the interview set and the roundtable for a lively discussion on Detroit’s bankruptcy issues. Business Executive Denise Ilitch and John Truscott of Truscott/Rossman Public Relations join in the conversation.
A judge is expected to make a key decision, Wednesday afternoon. in the Detroit bankruptcy case.
The deadline has passed for two Michigan school districts — looking to prove to state officials that they have enough money to open their doors in September for the first day of classes.
There seems little appetite from either Democrats or Republicans in Washington for a federal rescue of the birthplace of the automobile industry.
Unfortunately for Detroit, it’s not that simple.
Though Thursday’s bankruptcy filing had been feared for months, the path ahead for the once mighty Motor City is still uncertain.
“I think it’s despicable… and I think every Detroit resident will also find that this action is despicable,” said Richard Mack, Jr., an attorney for AFSCME Council 25.
Here’s a look at how the city spiraled into financial ruin and why it’s in so much trouble.
Detroit became the largest U.S. city to file for bankruptcy, raising a flurry of questions about what happens next.
Detroit has filed for a Chapter 9 bankruptcy protection — the biggest municipal filing in history.