Tuesday, December 03, 2013

Judge OK's Detroit Bankruptcy, Puts Public Pensions Under the Axe | Common Dreams

Judge OK's Detroit Bankruptcy, Puts Public Pensions Under the Axe | Common Dreams: U.S. 

Bankruptcy Judge Steven Rhodes ruled Tuesday that the city of Detroit is eligible for bankruptcy after a long court battle between city appointed 'emergency manager' Kevyn Orr and union and labor activists who say the decision paves the way for workers' pensions to be cut.
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