Posts Tagged ‘Bankruptcy’

Aug
2014
22

Detroit, Where Emergency Is In Air Quotes.

Detroit, Where Emergency Is In Air Quotes.
  Given the “emergency” that is Detroit’s finances, one would assume the city’s Emergency Manager, Kevyn Orr, would have a schedule packed with meetings to discuss creative ways to make necessary budget decisions while simultaneously meeting the needs of the people.  Unfortunately, his schedule, published by the Detroit Metro Times...
Aug
2013
1

Michigan Attorney General Says He’ll Fight for Detroit’s Pensions: “It’s What I Have to Do.”

  Michigan Attorney General Bill Schuette has stepped over the party line and announced that he will be fighting to defend the pensions of Detroit retirees during the city’s bankruptcy.  Schuette called the case “crystal clear” and noted that pension plans are a contractual obligation that may not be impaired.  He has filed on...
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