By Alan Pyke on March 4, 2014
Detroit is trying to pay two giant banks just 30 cents on the dollar, and the banks see this as good news.
By Alan Pyke on February 25, 2014
Detroit's proposal for ending the nation's largest municipal bankruptcy is finally out, but that doesn't mean workers know what's in store for them.
By Alan Pyke on February 11, 2014
"I do not hesitate to collect a deer carcass from the roadway," said Maine State Trooper Jon Brown.
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By Alan Pyke on February 7, 2014
The government employs three-quarters of a million fewer people than it did at the beginning of 2009 thanks to misguided austerity policies.
By Alan Pyke 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 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 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.
By Alan Pyke on 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 on 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 Alan Pyke on December 3, 2013
Detroit is officially eligible for bankruptcy protections that will allow it to impose cuts on retirees who cannot afford them.