Tag Archives: Debts
Detroit, Facing Bankruptcy, Refuses to Pay $2.5B in Debts
June 17, 2013Detroit, Michigan used to be a symbol of American industrial might. Once home to a substantial portion of the nation’s auto industry, Motor City has slipped into economic free fall after decades of government intervention into the economy. Public sector … Continue reading
Posted in Money Monday | Tagged Bankruptcy, City Employees, Debts, Detroit, Feature, Money Monday, Municipal Bonds | Comments on Facebook