Gambling on Progress.  Meanwhile, in a separate U.S. Bankruptcy courtroom yesterday, U.S. Bankruptcy Judge Steven Rhodes blocked Syncora Guarantee from capturing millions Continue reading



Detroit’s Bankruptcy Filing Deadline. Midnight is the deadline in Motown, by which time unions, creditors, and retirees are expected to file formal objections to Detroit’s Continue reading


The Cost of Municipal Bankruptcy. Financial records from Detroit indicate that financial restructuring consulting services <!–more–> could cost Detroit and the state of Michigan as much as $1 billion. Continue reading