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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.

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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