Kevyn Orr

Detroit can cut pensions and skip debts in epic $18B bankruptcy

December 4, 2013 by Ed White THE ASSOCIATED PRESS

Judge Steven Rhodes wondered aloud why the bankruptcy had not happened years ago

Governor, emergency manager to testify in Detroit bankruptcy trial

October 28, 2013 by The Associated Press

Officials estimate 65 per cent of Detroit’s annual revenue would be eaten up in debt payments by 2017 without an overhaul in bankruptcy court.

Did the auto sector’s fall drag Detroit into bankruptcy?

July 19, 2013 by Tom Krisher And Dee-Ann Durbin, THE ASSOCIATED PRESS

Here’s a look at how the city spiraled into financial ruin and why it’s in so much trouble