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Detroit files for bankruptcy

Thu 18 Jul 13 | 07:00 PM ET
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Detroit files for bankruptcy

Thu 18 Jul 13 | 07:00 PM ET
Detroit Mayor called the bankruptcy "difficult" but a process that could "pay off," reports CNBC's Scott Cohn. Detroit's emergency manager Kevyn Orr, offers insight. Also, Doc Thompson, The Blaze Radio Network; Brian Wesbury, First Trust Advisors; and Steve Malanga, Manhattan Institute, discuss.

Topics:

Economy (U.S.)  | Bankruptcy  | Detroit  | Taxes  | Employment
 
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