02/05/2014: Don’t shoot the messenger… CNN is reporting that Detroit owes over $13 million to the lawyers and consultants who worked for the first three months of the city’s bankruptcy proceedings. Those fees also seem to be just the tip of the coming iceberg. “Detroit’s bankruptcy fees near $14 million, and counting“
01/22/2014: Gov. Snyder recommended that the State of Michigan help resolve the City of Detroit’s bankruptcy by contributing $350 million. The money would be paid over 20 years and needs legislative approval. From Crain’s Detroit Business.
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