The Craig Fahle Show

DJC: Detroit Water & Bankruptcy Update

Thursday, August 7, 2014

There were developments yesterday in Detroit’s bankruptcy case. In the morning, US Bankruptcy Judge Rhodes held a hearing where a city attorney said there would be a settlement released later this week. Then in the afternoon, we learned what it was. The city announced it has a deal to potentially refinance Detroit Water and Sewerage Department bonds. Detroit Free Press Reporters Nathan Bomey and Matt Helms discuss the latest with WDET’s Bankruptcy Reporter and Next Chapter Detroit Blogger Sandra Svoboda.

Find more coverage of Detroit's bankruptcy and its impact on people and neighborhoods on WDET's Next Chapter Detroit blog.

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