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Author Topic: Detroit Becomes Largest U.S. City To File Bankruptcy  (Read 7368 times)
Behemot
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October 14, 2013, 12:12:13 AM
 #61

Any news about Detroit?

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October 14, 2013, 01:54:58 AM
 #62

Any news about Detroit?

No, but there are many resurrected threads-
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October 14, 2013, 05:24:28 AM
 #63

The former Mayor was just jailed for 28 years ... corruption, graft, etc.

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Former Detroit Mayor Kwame Kilpatrick has been sentenced to 28 years in prison for corruption, after a series of scandals destroyed his political career and helped steer a crisis-laden city even deeper into trouble.

Kilpatrick, who served as mayor from 2002 until fall 2008, fattened his bank account by tens of thousands of dollars, travelled the country in private planes and even strong-armed his campaign fundraiser for stacks of cash hidden in her bra, according to evidence at trial.

http://www.3news.co.nz/Corrupt-ex-Detroit-mayor-jailed-for-28-years/tabid/417/articleID/316798/Default.aspx

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October 14, 2013, 01:16:57 PM
 #64

I've also heard some communists won election or? And what's the bankruptcy status? There should be some court process going on, is it officialy bankrupt, properties being sold or what?

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October 14, 2013, 05:06:04 PM
 #65

Receiving $300M in federal funding. http://www.nytimes.com/2013/09/27/us/300-million-in-detroit-aid-but-no-bailout.html?_r=0
Bankruptcy court case ongoing. Half of streetlights still nonfunctional. They're expanding efforts to cut spending and bring in additional revenue, like leasing parks and other gov't property out, and turning certain functions and land over to the state for maintenance.

Still going bankrupt, but will probably have a solid foundation for a reboot due to heavy subsidization and aid provided by governments up in the hierarchy.
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October 14, 2013, 07:18:18 PM
 #66

My favourite story out of Detroit is the stray dogs. There's whole neighbourhoods the USPS won't deliver to, because the dog pack attacks are too frequent. There are pockets of pitbull infested vacants, and they're getting by successfully enough that they're breeding (or at least a few weeks ago when I read the report)

Vires in numeris
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