Speeding down the path to bring Detroit out of bankruptcy, city retirees — considered the linchpins of the court proceedings — approved pension cuts and a move to spin off the art museum as an independent nonprofit. The vote should keep the city's biggest creditors at bay. Read more
The city of Detroit filed a 120-page plan for bankruptcy today, including plans for investments in public safety, pensions for retirees and the Detroit Institute of Arts. If you've got time, read it here.

Last month, the Detroit Free Press offered a superb explanation of how exactly Detroit went bankrupt. Today, The…

I'm sure the Texan Jalop Alliance might disagree with that headline, but other than shouting out Houston a bunch of…

"Can (Flash-In-The-Pan Thing Here) Save Detroit?" or "This One Man..." are headlines that annoy the locals enough…

The City of Detroit may be $18.5 billion in debt and about to initiate the largest municipal bankruptcy in U.S.…

Like I said yesterday: You didn't expect the Detroit Bankruptcy to happen without drama, did you? Today a circuit…

Yesterday Detroit declared bankruptcy. It's the biggest American city ever to do so, and as I thought about that I…

Detroit is bankrupt. Does it hurt to write those words? Honestly, it doesn't. It hurts as much as ripping a Band-Aid…