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Posted on Fri, Jul 19, 2013 : 6 p.m.

Detroit bankruptcy roundup: See what national and local media outlets are reporting

By Cole Bertsos

Detroit Bankruptcy_Bert.jpg

The city of Detroit is seen in this July 16 aerial photo. On July 18, Detroit became the largest city in U.S. history to file for bankruptcy when State-appointed emergency manager Kevyn Orr asked a federal judge for municipal bankruptcy protection.

AP Photo | Paul Sancya

Publications across the country are reporting so much coverage and angles of the bankruptcy in Detroit it can be hard to keep up with. We've rounded up a few notable local and national headlines to help keep you up to date.



Sun, Jul 21, 2013 : 1:21 a.m.

What happen to when you went BK, you had to sell EVERYTHING to pay off your debts ? Today the corporations and cities can keep their good assets and get rid of what they owe and carry on like nothing happen. We got the "new GM" now we are getting the "new Detroit" but if we tried pulling that, we be lock up for fraud, ugh.


Sun, Jul 21, 2013 : 8:23 a.m.

Well, you see some corporations having to bite the bullet now that Detroit is entering bankruptcy. After all, they did loan a city money it couldn't pay back. In other words, they took a risk and the investment failed to yield a return.


Sat, Jul 20, 2013 : 4:44 p.m.

Washtenaw County take note re: $345 million to pay for legacy pension and medical costs that keep piling up -- the can only be kicked down the road so many times before it's flattened out.


Sat, Jul 20, 2013 : 3:11 a.m.

Kudos to the Freep's Nate Bomey (a former reporter and my "former colleague") on his article about the 12 things to expect now that Detroit's in bankruptcy.