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Detroit

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  • 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.

  • Can Detroit come back from bankruptcy?     Friday, 19 Jul 2013 | 1:00 AM ET

    Jeremy Stretch, head of FX strategy at CIBC, comments on Detroit filing for bankruptcy, which he says, reflects the shift away from traditional manufacturing in the U.S.

  • Detroit emergency manager: We had to draw a line Thursday, 18 Jul 2013 | 9:26 PM ET
    Detroit's Emergency Manager Kevyn Orr

    In his first national interview, Detroit’s Emergency Manager Kevyn Orr said he could not wait any longer to attempt to solve the city’s long-term debt problems.

  • Detroit files for bankruptcy     Thursday, 18 Jul 2013 | 7:00 PM ET

    Detroit's mayor called the bankruptcy "difficult" but a process that could "pay off," reports CNBC's Scott Cohn. Emergency Manager Kevyn Orr offers insight. Doc Thompson of The Blaze Radio Network, Brian Wesbury of First Trust Advisors and Steve Malanga of the Manhattan Institute discuss.

  • Detroit becomes largest US city to file for bankruptcy Thursday, 18 Jul 2013 | 6:26 PM ET
    The fated glory of Detroit: an abandoned building on the outskirts of Motor City

    The Motor City has filed for chapter 9 municipal bankruptcy as it faces up to $20 billion in long-term debt.

  • Detroit files for bankruptcy     Thursday, 18 Jul 2013 | 5:47 PM ET

    Detroit is asking a federal judge for permission to go into Chapter 9 bankruptcy protection, reports CNBC's Scott Cohn.

  • Flipping makes a comeback     Thursday, 18 Jul 2013 | 5:40 PM ET

    CNBC's Scott Cohn is following Detroit's decision to file for Chapter 9 bankruptcy; and flipping was hot during the housing bubble, and it seems to be making a comeback, with CNBC's Diana Olick.

  • Detroit files for bankruptcy     Thursday, 18 Jul 2013 | 4:28 PM ET

    CNBC's Scott Cohn reports Detroit has filed for bankruptcy. It is the largest city in the U.S. to ever do so. Emergency manager Kevyn Orr, who was appointed by the state, asked permission to file for Chapter 9 bankruptcy protection today.

  • Detroit bankruptcy filing imminent: report Thursday, 18 Jul 2013 | 2:32 PM ET

    Detroit may file for bankruptcy as soon as Friday, setting up what would become the largest municipal insolvency in U.S. history.

  • Detroit to file for bankruptcy     Thursday, 18 Jul 2013 | 2:30 PM ET

    Freep.com has reported Detroit prepares to file for bankruptcy tomorrow.

  • Detroit on bankruptcy watch     Wednesday, 17 Jul 2013 | 7:52 PM ET

    If Detroit doesn't make a sweeping deal with creditors, it's expected to file for chapter 9 as early as this week. Alexandra Lebenthal, Lebenthal & Co., offers insight.