by Alan Pyke Posted on January 16, 2014
The emergency manager wanted to pay banks 60 cents on the dollar while planning to give retirees far less.
by Alan Pyke Posted on January 13, 2014
A plan to save Detroit's art from the auction block is starting to take concrete shape, but it's still unclear how it would help retired city workers.
by Alan Pyke Posted on January 6, 2014
Detroit's emergency manager is forging ahead with huge retiree health insurance cuts while claiming to still be negotiating with workers for a better deal.
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by Alan Pyke Posted on December 26, 2013 Updated: December 26, 2013
A revised proposal would pay banks about 60 cents on the dollar, rather than 80, but that's still four times as generous as Detroit wants to be to retirees.
by Alan Pyke Posted on December 20, 2013 Updated: December 20, 2013
A federal bankruptcy judge blocked Detroit's emergency manager from giving a sweet deal to banks at the same time that he is trying to drastically cut pensions.
by Alyssa Rosenberg Posted on December 17, 2013
An experiment in repatriating art means that sacred objects will return to the Hopi, rather than being dispersed into the hands of collectors.
by Alan Pyke Posted on December 6, 2013 Updated: December 6, 2013
Sen. Rand Paul (R-KY) is dusting off old supply-side ideas for Detroit as the White House preps to launch its Promise Zones initiative.
by Alyssa Rosenberg Posted on December 3, 2013 Updated: December 3, 2013
A bankruptcy judge is right: selling off the city's art collection won't close its financial gap, and it's giving up on part of Detroit's future.
by Alan Pyke Posted on December 3, 2013 Updated: December 3, 2013
Detroit is officially eligible for bankruptcy protections that will allow it to impose cuts on retirees who cannot afford them.
by Alan Pyke Posted on November 14, 2013
Private foundations could throw a half-billion dollars into Detroit to protect pensioners from cuts.