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Detroit Is Bankrupt

Closing Arguments Today In Detroit Bankruptcy Trial

AP | JEFF KAROUB | Posted 01.23.2014 | Politics

DETROIT — DETROIT (AP) — Attorneys gave closing arguments Friday in a rare trial to determine whether Detroit can become the largest municipal...

Judge Hears Arguments On Whether Detroit Pensions Can Be Cut

AP | ED WHITE and JEFF KAROUB | Posted 09.23.2013 | Detroit

DETROIT — A federal judge on Wednesday swept aside lawsuits challenging Detroit's bankruptcy, settling the first major dispute in the scramble t...

Bankruptcy: A New Beginning?

modeld | Matthew Naimi | Posted 07.23.2013 | Detroit

This post originally appeared in the July 22, 2013 issue of Model D. The sun came up right on time on July 18. This must have been a complete ...

Feds Aren't Interested In Detroit Bailout

AP | TOM RAUM | Posted 09.19.2013 | Detroit

WASHINGTON — During the bleakest days of the Great Recession, Congress agreed in bipartisan votes to bail out two of Detroit's biggest businesse...

Detroit Files For Bankruptcy

AP | COREY WILLIAMS and ED WHITE | Posted 09.17.2013 | Detroit

DETROIT — Once the very symbol of American industrial might, Detroit became the biggest U.S. city to file for bankruptcy Thursday, its finances ...