Comments on:

Detroit reaches bankruptcy deal over some bonds

Back to the article » By |
DETROIT — The city of Detroit reached a deal in bankruptcy over $388 million in bonds, mediators announced Wednesday, a significant agreement that could influence other creditors to try to get a settlement. Detroit will pay 74 cents for each dollar. Roughly $50 million in tax revenue that won't be needed to pay the balance instead will go to a fund to help low-income retirees who are expected...

To learn more about commenting on WashingtonExaminer.com and our community guidelines, please see our comments FAQ.