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Fri July 19, 2013
Detroit Files Nation's Largest-Ever Municipal Bankruptcy
Originally published on Fri July 19, 2013 5:00 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.