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Re: Detroit

By: weco in FFFT | Recommend this post (0)
Tue, 12 Jun 12 7:53 PM | 57 view(s)
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Msg. 43391 of 65535
(This msg. is a reply to 43389 by killthecat)

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DETROIT (AP) -- Detroit's mayor warned Monday that the city could go broke if its top lawyer refuses to drop her lawsuit challenging a deal with Michigan officials that seeks to rescue the city from financial collapse.
The most recent clash between Mayor Dave Bing and the city's Corporation Counsel Krystal Crittendon underscores how precarious Detroit's situation remains, even after officials signed the deal in April letting the state take a more active role in city fiscal restructuring without the embarrassment of appointing an overseer to do the job.


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The above is a reply to the following message:
Detroit
By: killthecat
in FFFT
Tue, 12 Jun 12 7:49 PM
Msg. 43389 of 65535

http://finance.yahoo.com/news/mayor-lawsuit-could-cause-detroit-192038604.html;_


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