Relevant:
- Pivotal vote on Detroit bankruptcy plan to conclude this week
- Detroit to stop paying some debt, putting it in default
- It Begins: Detroit Neighboring City Of Hamtramck Asks For Permission To File For Bankruptcy
- Detroit Bankruptcy Trial on Hold After Major Deal
- Detroit Heads For Bankruptcy; 50 Cities Must "Shrink to Survive"
2013-12-03 — zerohedge.com
``Judge Steven Rhodes appears to have confirmed Detroit is eligible for bankruptcy protection (after pointing out that the city's accounting was accurate and it is indeed insolvent) making this the largest ever muni bankruptcy.''
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