A former Detroit treasurer and two pension officials who served under ex-Mayor Kwame Kilpatrick have been found guilty of conspiracy to commit fraud.
It looks like former Detroit Mayor Kwame Kilpatrick has another big bill to pay.
Lawmakers introduced legislation late Thursday to use about $195 million from Michigan’s savings account to help bankrupt Detroit.
The $85 million “swaps deal” is a key to Emergency Manager Kevyn Orr’s plan to restructure Detroit’s overwhelming debt.
The city of Detroit has reached yet another tentative agreement to settle a pension debt with lenders.
The city of Detroit and its retirees were able to reach an agreement over health care benefits Friday …