themcglynn.com

18 Jul

Detroit Files for Bankruptcy

July 18, 2013 By MONICA DAVEY and MARY WILLIAMS WALSH DETROIT — Detroit, the cradle of America’s automobile industry and once the nation’s fourth-most-populous city, has filed for bankruptcy, an official said Thursday afternoon, the largest American city ever to take such a course. The decision to turn to the federal courts, which required approval […]

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