Detroit Files Nation's Largest-Ever Municipal Bankruptcy
By Quinn Klinefelter • Jul 19, 2013
Originally published on July 19, 2013 4:00 am
Detroit has become the biggest American city ever to file for bankruptcy, seeking Chapter 9 protection from creditors and unions owed some $18.5 billion in debt and liabilities. What's ahead for debt-ridden Detroit? Quinn Klinefelter WDET.