Detroit bankruptcy

Photo Credit: Spencer Platt/Getty Images

Questions, Answers About Detroit’s Bankruptcy

How did Detroit get to the point where it became the largest U.S. city to file for bankruptcy and what will keep the city from further fiscal irresponsibility?

WWJ Newsradio 950–11/08/2014

(credit: Pat Sweeting/WWJ)

Retirees Split On How Detroit Bankruptcy Deal Affects Future

Part of the plan is to cut the pensions of general retirees by 4.5 percent, while some retirees say that they are worried that the city could fall into debt and file for bankruptcy again.

WWJ Newsradio 950–11/07/2014

Michigan Gov. Rick Snyder (left) and Detroit's emergency manager Kevin Orr (right) discuss Detroit's bankruptcy filing at a news conference July 19, 2013 in Detroit. (Credit: Bill Pugliano/Getty Images)

Gov. Snyder Says Detroit Is Stronger As City Emerges From Bankruptcy

“People will long remember that when Detroit arrived at this troubling hour…”

WWJ Newsradio 950–11/07/2014

Photo Credit: Spencer Platt/Getty Images

Judge Approves Detroit Bankruptcy Exit Plan, Ending Largest Public Filing In US History

A judge on Friday approved Detroit’s plan to get out of bankruptcy, ending the largest public filing in U.S. history.

11/07/2014

Downtown Detroit, looking south on Woodward Avenue. (Credit: Bill Pugliano/Getty Images)

Detroit Ready For Judge’s Decision On Bankruptcy

The judge overseeing Detroit’s bankruptcy is ready to decide whether the city’s plan to regain solvency is a good one.

WWJ Newsradio 950–11/07/2014

(Photo by Bill Pugliano/Getty Images)

Japanese Businesses Back Detroit’s Bankruptcy Deal, Pledge $2.2 Million To DIA

Most of donation will be used for the DIA’s $100 million commitment to the so-called grand bargain. The rest will go toward reinstalling the museum’s Japanese collection in a new gallery.

WWJ Newsradio 950–11/06/2014

Cooley High School in Detroit.

DPS And City Of Detroit Strike Deal On Debt, Vacant School Buildings

A deal has been reached between the city of Detroit and its public school district Tuesday — in the form of a trade.

WWJ Newsradio 950–10/28/2014

Federal Court In Detroit (Photo by Bill Pugliano/Getty Images)

Detroit Makes Final Arguments To Exit Bankruptcy

A judge will decide next week whether Detroit’s plan is fair and feasible in the largest public bankruptcy in U.S. history.

WWJ Newsradio 950–10/27/2014

American singer-songwriter Michael Bolton arrives to attend the 65th annual Red Cross Gala, on August 2, 2013, in Monaco. Created in 1948, the gala is an annual charity event held in Monaco by its Princely Family during the summer. (VALERY HACHE/AFP/Getty Images)

Michael Bolton Takes On New Challenge With Film About Detroit

Michael Bolton has been working on the documentary for about two years and expects the film should be completed in early 2015.

WWJ Newsradio 950–10/27/2014

(credit: Paul Pytlowany/CBS 62)

DIA Exec Defends Fundraising Amid High Salary

A key component of what’s known as the Grand Bargain is a deal to help protect pensioners as Detroit goes through bankruptcy. That deal depends on the Detroit Institute of Art reaching its $100,000,000 fundraising goal.

10/24/2014

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