A Year Into Detroit Bankruptcy, October Exit Looks Realistic

9:33 pm
Sun July 13, 2014

A Year Into Detroit Bankruptcy, October Exit Looks Realistic

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Pensioners appear to have backed "grand bargain"
One year into bankruptcy, a grand coalition emerges to move Detroit forward The grand bargain to help resolve Detroit's bankruptcy has given birth to a grand coalition - with pensioners and unions backing the city's sweeping restructuring plan.