Keeping up with the Detroit bankruptcy trial

Oct 17, 2013

    

Today, we’re checking in with Detroit News business columnist Daniel Howes, discussing what’s going on with the Detroit bankruptcy trial.

According to Howes, two phrases for us to consider this week are “status quo” and “collateral damage.”

How has the status quo failed? And what collateral damage would happen if Judge Steven Rhodes approves the Chapter 9 petition?

Listen to the full interview above.