12/12/2012 09:59 am ET

Detroit Clears A Hurdle To $10M Payment -- But It May Not Be Enough To Prevent An Emergency Manager

The Detroit City Council has delivered to Mayor Dave Bing and the Gov. Rick Snyder what they have been wanting for weeks: contracts for companies to probe deep inside the city's finances and one to pay for attorneys for the mayor.

Now, the real test begins.

Flickr Photo by 401(K) 2012

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