GO
Loading...

Detroit's bankruptcy woes hurts neighbors: NY Times

Friday, 9 Aug 2013 | 6:20 AM ET

Budget troubles in the Motor City is causing problems in the municipal bond market for other cities, countries and local governments in Michigan; Marc Faber predicts a 1987-style crash is likely on the horizon, and researchers in Italy are conducting DNA testing on the bones of a woman thought to be the model for Leonardo Da Vinci's "Mona Lisa" portrait, reports CNBC's Becky Quick.