Detroit Insiders See a Bright Future Following the Bankruptcy
July 19, 2013 at 17:34 PM EDT
Detroit formally filed for bankruptcy late Thursday.The bankruptcy, which will see Detroit restructure its approximately $18 billion in debt, was sanctioned Thursday by Michigan Governor Rick Snyder following a request from emergency manager Kevyn Orr. “I have reached the conclusion that this step is necessary after a thorough review of all
