Detroit Goes Bust

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On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss Detroit’s bankruptcy filing, if the unions will take a harder hit than the bond owners and what kind of national precedence this bankruptcy may set.

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We’re brought to you by Stephen Clouse and Associates and The Heritage Foundation’s Morning Bell. If you’d like to email us, you can do so at bjackson[at]coffeeandmarkets.com. We hope you enjoy the show.

Related Links:

Billions in Debt, Detroit Tumbles Into Insolvency
Detroit’s demise was decades in the making
A Ticklish Challenge: Selling Detroit After Bankruptcy

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