Detroit Financial Crisis

(C) Mayor Dave Bing during Monday press conference. (WWJ/Kathryn Larson)

State Money Will Be Withheld In Case City Take-Over Necessary

The board endorsed state Treasurer Andy Dillon’s move to begin a 30-day review of the need for an emergency financial manager.

WWJ Newsradio 950–12/10/2012

Mayor Bing (C) speaking at press conference Friday. (WWJ Photo)

Layoff Of Almost 500 City Employees Expected In New Year

Detroit is making plans to lay-off 400 to 500 city employees in the new year.

WWJ Newsradio 950–12/07/2012

Detroit downtown

Detroit City Council Members React To Bing’s Fiscal Plan

Mayor Bing’s plans to solve Detroit’s financial crisis are drawing a cautious reaction from several members of the city council.

WWJ Newsradio 950–11/17/2011