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$200 Million Could Curb Pension Cuts in Detroit

New York Times Original article ›

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The $200 million rescue package from Michigan's rainy day funds to support Detroit retirees

05/22/2014

A bill passes the Michigan legislature for $200 million to go to support Detroit retirees. Michigan governor is authorized under the bill to appoint seven members to a financial review panel that will oversee the city's finances for many years, including specific approval of items over $750,000.

Grouped Articles

$200 Million Could Curb Pension Cuts in Detroit

New York Times 05/22/2014

The remarkable role of Judge Rhodes and Chief Mediator Judge Rosen in the art for pensions deal of the Detroit bankruptcy case

02/15/2014

Judge Rosen is given credit for coming up with an innovative solution of having the nation's biggest foundations such as the Ford Foundation come up with $370 million to help keep open the Detroit Museum of Art and pay city pensions.

Grouped Articles

Mediator in Detroit Bankruptcy Walks Fine Line Between City, Creditors

Wall Street Journal 02/15/2014

Detroit files plan to fix debt, leave bankruptcy - The Washington Post

Washington Post 02/22/2014

Detroit's Broken Buses Vex a Broke City

Wall Street Journal 03/19/2014

Detroit WIns Judge's Nod for Contract Settlement

New York Times 04/11/2014

Detroit's Bankruptcy Revival

Wall Street Journal 04/25/2014

$200 Million Could Curb Pension Cuts in Detroit

New York Times 05/22/2014

Detroit's crisis- One in four households without a car in Detroit in a city with no rail system

03/19/2014

In 2007-2012 the number of households without a car in Detroit increased by 5% to 26.2%, the fastest of an city in the U.S. Many people endure long commutes and long bus waits at stops in sub zero temperatures in 2014, as a city goes through bankruptcy lacking funds to fix the broken bus system. Major cities such as New York, Boston, and the D.C. area have rail systems, for years Detroit failed to put in place a rail system. The financial crisis of 2008 left many without the incomes to support keeping a car with high insurance rates.

Grouped Articles

Detroit's Broken Buses Vex a Broke City

Wall Street Journal 03/19/2014

Detroit's Bankruptcy Revival

Wall Street Journal 04/25/2014

$200 Million Could Curb Pension Cuts in Detroit

New York Times 05/22/2014

Crumbling, Destitute Schools Threaten Detroit’s Recovery

New York Times 01/20/2016

U.S. Household Incomes Surged 5.2% in 2015, First Gain Since 2007

WSJ 09/13/2016

Detroit's debt restrucuring in 2014

01/31/2014

Grouped Articles

Detroit Debt Proposal Favors Pension Funds

Wall Street Journal 01/31/2014

$200 Million Could Curb Pension Cuts in Detroit

New York Times 05/22/2014

The race to bring a new look and spirit to Detroit in 2014-2018

02/23/2014

Grouped Articles

For Detroit, New Stage in Its Race to Recover

New York Times 02/23/2014

Detroit's Broken Buses Vex a Broke City

Wall Street Journal 03/19/2014

$200 Million Could Curb Pension Cuts in Detroit

New York Times 05/22/2014

Detroit Task Force Says Blight Cleanup Will Cost $850 Million

New York Times 05/27/2014

Detroit tries unconventional approach to restoring its housing market - The Washington Post

Washington Post 11/27/2015

Foreclosures in Detroit, Michigan- 2009-2014

04/13/2009

Grouped Articles

Foreclosures hit suburbs as layoffs surge, mortgages reset

Detroit News 04/13/2009

$200 Million Could Curb Pension Cuts in Detroit

New York Times 05/22/2014

Detroit Task Force Says Blight Cleanup Will Cost $850 Million

New York Times 05/27/2014

As Foreclosures Surge ...

New York Times 05/04/2009

Inside Trump Treasury nominee's past life as 'foreclosure king' of California

The Guardian 12/02/2016


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