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Detroit

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  • Bankrupt Detroit's prized art collection at risk Friday, 19 Jul 2013 | 5:49 PM ET
    Detail from Van Gogh self portrait

    Detroit's bankruptcy cites more than $18 billion in debts, but the city has one asset that could help its balance sheet considerably: its art collection.

  • Detroit needs this bankruptcy: Langton  Friday, 19 Jul 2013 | 4:31 PM ET

    Detroit Mayor Dave Bing says it is unlikely President Obama will bail out the city. Charlie Langton, Langton Law partner, believes the city will get a bailout, while Carol Roth, author of "The Entrepreneur Equation, is against it."

  • Detroit mayor suggests bailout unlikely Friday, 19 Jul 2013 | 3:59 PM ET
    The fated glory of Detroit: an abandoned building on the outskirts of Motor City

    As Detroit faces the largest municipal bankruptcy in American history, Mayor David Bing on Friday said it's unlikely Washington will come to the rescue with a bailout.

  • Detroit mayor: We can't cut our way back  Friday, 19 Jul 2013 | 3:22 PM ET

    Detroit Mayor and NBA legend Dave Bing discusses the efforts his staff is taking to help those who still live and work in Detroit, reduce the city's debt and how they plan on working within bankruptcy to get back to prosperity.

  • Detroit's effect on muni bonds?  Friday, 19 Jul 2013 | 2:32 PM ET

    Discussing the impact Detroit's bankruptcy is having on municipal bonds, with Alexandra Lebenthal & Co.

  • Motor city breakdown  Friday, 19 Jul 2013 | 2:26 PM ET

    WDIV Detroit business editor Rod Meloni discusses the many causes for Detroit's bankruptcy. "This city is built on the old General Motors business model," says Meloni. It didn't work for GM, either.

  • Detroit AFL-CIO Pres. defends unions  Friday, 19 Jul 2013 | 2:01 PM ET

    CNBC's Brian Sullivan recaps how Detroit got to bankruptcy. Detroit Blight Authority founder, discusses his efforts to clean up Detroit. And Metro Detroit AFL-CIO president Chris Michalakis speaks about unemployment and the fight between labor unions and creditors in the city to get what they were promised.

  • What's next for Detroit? Long court battle Friday, 19 Jul 2013 | 1:55 PM ET

    Detroit's bankruptcy filing brings into sharp focus the decades-long decline of the once prosperous hub of American manufacturing. Here's what's next.

  • Muni bonds safe?  Friday, 19 Jul 2013 | 1:34 PM ET

    Detroit's bankruptcy is highlighting some of the risks with municipal bonds. Katie Nixon, Northern Trust Wealth Management, explains why her firm is bullish on developed nations outside of the U.S. and downgraded its outlook for emerging markets. "The general health of the muni bond market remains very high," she says.

  • Detroit's 'name is mud' but fallout likely limited Friday, 19 Jul 2013 | 1:06 PM ET
    Detroit street scene

    Detroit has become a pariah of the muni world, but analysts are holding out hope that the nation's largest government bankruptcy isn't contagious.

  • Opportunity in Detroit?  Friday, 19 Jul 2013 | 1:00 PM ET

    Detroit filed the largest municipal bankruptcy in U.S. history Thursday. CNBC's Kayla Tausche reports on the city's bondholders, and Robert Frank discusses how some see an opportunity. Benjamin Thompson of Samson Capital Advisors weighs in on whether muni bonds are safe.

  • Detroit's future viable?  Friday, 19 Jul 2013 | 11:15 AM ET

    Michigan Gov. Rick Snyder and Detroit Emergency Manager Kevyn Orr discuss the city's bankruptcy and what it means, as well as ongoing negotiations with creditors.

  • Tear down chunks of Detroit: Billionaire landowner Friday, 19 Jul 2013 | 10:56 AM ET

    Detroit's bankruptcy will be painful, but one of the city's largest landowners says the answer is to start over with a clean slate.

  • Motor City hits end of road  Friday, 19 Jul 2013 | 10:10 AM ET

    Steven Rattner, CNBC contributor, weighs in on how Detroit's bankruptcy will likely impact the city.

  • Pain in the Motor City  Friday, 19 Jul 2013 | 9:16 AM ET

    Detroit is the largest U.S. city to file for bankruptcy and that puts the city on an uncertain course that could lead to laying off employees and selling assets, reports CNBC's Brian Sullivan.

  • What went wrong in the Motor City?  Friday, 19 Jul 2013 | 8:05 AM ET

    Dan Gilbert, chairman of Quicken Loans, provides perspective on Detroit's bankruptcy filing.

  • Detroit files for bankruptcy protection  Friday, 19 Jul 2013 | 8:03 AM ET

    The municipal's insolvency could cause pension problems. CNBC's Brian Sullivan has the details on the dire financial situation in the Motor City.

  • Detroit bankruptcy could hit millions of retirees Friday, 19 Jul 2013 | 8:01 AM ET
    The city of Detroit has faced serious economic challenges in the past decade, with a shrinking population and tax base while trying to maintain essential services.

    The outcome of the Detroit bankruptcy filing promises to inflict more pain on already-beleaguered city workers, residents, businesses, creditors, and investors.

  • Motor City's financial breakdown  Friday, 19 Jul 2013 | 7:03 AM ET

    Detroit became the biggest U.S. city to file for bankruptcy, reports CNBC's Brian Sullivan. And Hector Negroni of Fundamental Credit Opportunities discusses what's at stake in this high-profile financial failure.

  • Detroit declares bankruptcy  Friday, 19 Jul 2013 | 6:03 AM ET

    The Motor City is mired in over $18 billion dollars in debt, reports CNBC's Brian Sullivan.