Tuesday, October 29, 2013

DETROIT - Michigan Governor Testifies on City's Bankruptcy

"Mich. Gov. Snyder testifies under oath that Detroit bankruptcy was last resort" PBS Newshour 10/28/2013


SUMMARY:  Michigan Gov. Rick Snyder took the stand in bankruptcy court to testify about the decision-making process the city went through before filing in order to prove that Detroit is insolvent.  Jeffrey Brown gets an update on the city's struggle to right its teetering finances from Christy McDonald of Detroit Public Television.

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