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financial emergency

Detroit's cash crisis

According to the Detroit Financial Review Team, Detroit’s financial situation is so grave that there is an expected cumulative deficit in excess of...

NAACP Detroit branch says state should partner with city, not oversee it

The largest city in Michigan now faces the possibility of having to surrender its control over to state government. Is that...

Same song… second verse.

 That’s my reaction to last week’s news that the state team charged with reviewing Detroit’s financial condition has unanimously concluded that a financial...

Detroit: Insolvency bound

Commentary There’s nothing in the state financial review report given to Gov. Rick Snyder last week to account for his gushing optimism...

Governor Rick Snyder to Address Detroit Finances

With less than thirty days left to decide on whether or not Detroit will have an emergency manager, Governor Rick Snyder...

Detroit’s Deputy Mayor Calls It Quits

DETROIT—After serving multiple roles with Mayor Dave Bing’s administration, Deputy Mayor Kirk Lewis is headed back to the private sector. ...

Detroit: Financial Review Team Declares Detroit in ‘Financial Emergency’

Officials in Lansing have determined that Detroit is in a state of 'financial emergency' with no solid plan for recovery. ...

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