
Detroit Peddles Its Municipal Assets to Avoid Record Bankruptcy
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Missing Money
Articles and video discussions of the $21 Trillion dollars missing from the U.S. government
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Detroit Peddles Its Municipal Assets to Avoid Record Bankruptcy
 
		
Photo Credit: David Guralnick/Detroit News/AP Photo
By Brian Chappatta, Chris Christoff & Mark Niquette
Detroit (9845MF) is suspending payments on $2 billion of unsecured debt, marketing parking garages and telling retirees to rely on President Barack Obama’s health-care law to avoid a record municipal bankruptcy.
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