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>> DETROIT BANKRUPTCY Latest News

JUN 19, 2015 - Yahoo! News

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Michigan launches initial fiscal review of Detroit's Wayne County

Terry Stanton, the spokesman, said county officials were notified of the action in a letter on Thursday from State Treasurer Nick Khouri. Wayne County Executive Warren Evans on Wednesday asked the state for a fiscal emergency declaration to deal with a chronic budget deficit. Detroit exited the biggest-ever municipal bankruptcy last year, shedding about $7 billion of its $8 billion ...

Tags: Michigan launches initial fiscal review of Detroit's Wayne County,  Detroit Bankruptcy Latest News