Economy

Will Detroit Set a Wave of City Bankruptcies?

Michael McKee examines whether Detroit's bankruptcy will unleash a wave of municipal filings as cities shoulder massive debts and pension obligations.

by Equedia1 minute read

Will Detroit Set a Wave of City Bankruptcies?
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Bloomberg Economic Editor Michael McKee examines whether Detroit’s bankruptcy will unleash a wave of municipal filings as cities shoulder massive debts and pension obligations. He speaks on Bloomberg Television’s “In The Loop.”

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