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Home / Unlabelled / Detroit accused of exaggerating $18bn debts in push for bankruptcy

Detroit accused of exaggerating $18bn debts in push for bankruptcy

November 20, 2013

20 NOV | THE GUARDIAN

Detroit accused of exaggerating $18bn debts in push for bankruptcy

Detroit's debts are a fraction of the $18bn lawyers pushing for bankruptcy say they are, and their costs are "irrelevant, misleading and inflated," according to a report released Wednesday. A Demos thinktank report, issued as a city judge decides whether to allow Detroit to file for the largest municipal...

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John Hames

Detroit accused of exaggerating $18bn debts in push for bankruptcy

Detroit accused of exaggerating $18bn debts in push for bankruptcy

Reviewed by Diogenes on November 20, 2013 Rating: 5

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