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Let It Rip Weekend: bankruptcy, Bankruptcy, BANKRUPTCY!

Let It Rip Weekend: bankruptcy, Bankruptcy, BANKRUPTCY!

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  • Detroit BankruptcyMore>>

  • Detroit files plan to fix debt, leave bankruptcy

    Detroit files plan to fix debt, leave bankruptcy

    Friday, February 21 2014 12:49 PM EST2014-02-21 17:49:57 GMT
    Detroit's emergency financial manager filed a plan Friday that would bring the city out of bankruptcy, providing a detailed look at what the Motor City would look like when it finally sheds its financial burdens.
    Detroit's emergency financial manager filed a plan Friday that would bring the city out of bankruptcy, providing for the first time a detailed look at what the Motor City would look like when it finally sheds its financial burdens.
  • Gov. Snyder: 'Detroit's comeback is underway'

    Gov. Snyder: 'Detroit's comeback is underway'

    Friday, February 21 2014 11:35 AM EST2014-02-21 16:35:28 GMT
    Gov. Rick Snyder issued the following statement today on the filing of a plan of adjustment by  Detroit Emergency Manager Kevyn Orr that is part of the city's restructuring.
    Gov. Rick Snyder issued the following statement today on the filing of a plan of adjustment by  Detroit Emergency Manager Kevyn Orr that is part of the city's restructuring under Chapter 9 of the U.S. Bankruptcy Code.
  • $350 million on the table for Detroit, judge needed to approve Barclay's loan

    $350 million on the table for Detroit, judge needed to approve Barclay's loan

    Wednesday, November 6 2013 3:03 PM EST2013-11-06 20:03:18 GMT
    On Tuesday, the city of Detroit asked a federal judge to approve its deal to borrow up to $350 million to help the city pay off some of its debts and to provide city services.
    On Tuesday, the city of Detroit asked a federal judge to approve its deal to borrow up to $350 million to help the city pay off some of its debts and to provide city services.
  • Let it Rip WeekendMore>>

  • Let It Rip Weekend: Stand Your Ground & Animal Research

    Let It Rip Weekend: Stand Your Ground & Animal Research

    Let It Rip Weekend: Stand Your Ground & Animal Research

    Sunday, November 17 2013 10:55 AM EST2013-11-17 15:55:57 GMT
    Now that Ted Wafer, the Dearborn Heights homeowner who shot Renisha Mcbride, has been charged with murder, will he use Michigan's Stand Your Ground law for his defense?
    Now that Ted Wafer, the Dearborn Heights homeowner who shot Renisha Mcbride, has been charged with murder, will he use Michigan's Stand Your Ground law for his defense?
  • Let It Rip Weekend: Costly Bankruptcy Consultants & Obamacare's Debut

    Let It Rip Weekend: Costly Bankruptcy Consultants & Obamacare's Debut

    Let It Rip Weekend: Costly Bankruptcy Consultants & Obamacare's Debut

    Sunday, October 6 2013 10:33 AM EDT2013-10-06 14:33:40 GMT
    Detroit's City Council President takes on one of the consultants making millions to wipe away the city's debt. Plus, what about that deal to lease Belle Isle? And as Obamacare makes its debut, how's it playing out in Detroit?
    Detroit's City Council President takes on one of the bankruptcy consultants making millions to wipe away the city's debt. Plus, what about that deal to lease Belle Isle to the state? And as Obamacare makes its debut, how's the controversial healthcare law playing out in Detroit?
  • Let it Rip Weekend: Mayoral race and EM's 'dumb & lazy' comment

    Let it Rip Weekend: Mayoral race and EM's 'dumb & lazy' comment

    Monday, August 5 2013 8:20 AM EDT2013-08-05 12:20:25 GMT
    We take on the race for Detroit Mayor and the controversial comments by Detroit's EM calling Detroiters "dumb, lazy, happy and rich."
    A new poll shows Mike Duggan leading in the race for Detroit Mayor. Could those dirty tricks against him actually be paying off in his favor? Duggan supporter and community activist Malik Shabazz thinks

It's all things bankruptcy on this edition of Let It Rip Weekend.  How did we get here?  Detroit City Council veteran Sheila Cockrel, union attorney Richard Mack, and Detroit Firefighter Sean Wilson will tackle that.

Where do we go from here?  Bill Nowling, from the Emergency Manager's Office and Fox 2 Money Man Murray Feldman take the issue head on.

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