From the daily archives:

Saturday, July 20, 2013

Detroit. Michigan’s Motor City, Goes Bankrupt

July 20, 2013

The city of Detroit, that we have written about before on this blog, has now gone bankrupt. The city filed the largest municipal bankruptcy in U.S. history on Thursday July 18th, and it is most likely also the largest municipal bankruptcy in history, globally. The bankruptcy was forced by the Governor of Michigan, as a […]

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