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Detroit Bankrupt

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Detroit Pensions: Bribes, a $5,000 Poker Chip and a Big Financial Hole

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(CNNMoney) -- No issue in the Detroit bankruptcy is more contentious: How deep is the hole in the workers' pension funds? The...
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Detroit Files Chapter 9 Bankruptcy; All Bets Are Off

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Detroit Emergency Manager Kevyn Orr today asked a federal judge to place Detroit in chapter 9 bankruptcy, a move that, if allowed, would...

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