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Back to To the Point

To the Point

Detroit Ruled Eligible for Bankruptcy

"This once proud and prosperous city can't pay its debts." So said Judge Steven Rhodes in Detroit today, ruling that America's former industrial powerhouse is eligible for bankruptcy protection.

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By Warren Olney • May 12, 2014 • 1 min read

"This once proud and prosperous city can't pay its debts." So said Judge Steven Rhodes in Detroit today, ruling that America's former industrial powerhouse is eligible for bankruptcy protection. Micheline Maynard is former Detroit bureau chief for the New York Ties, now contributor to Forbes and editor of Curbing Cars: Rethinking How We Get Around.

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Warren Olney

    former KCRW broadcaster

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Jenny Hamel

    KCRW

  • KCRW placeholder

    Katie Cooper

    Producer, 'One year Later'

  • KCRW placeholder

    Lata Pandya

    Assistant Producer, To the Point/Which Way, LA?

  • KCRW placeholder

    Micheline Maynard

    Forbes

    NewsNationalPolitics
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