In November 2014, a Michigan bankruptcy judge confirmed a
plan that allowed Detroit’s government to shed $7 billion in
liabilities, averting a total financial collapse. One year later,
however, many in Detroit are still dealing with the fallout of the
massive debt reorganization.
Labor & Economic News Blog
Monday, November 23, 2015
The Accounting Rules That Bankrupt Cities
The Accounting Rules That Bankrupt Cities
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