Wednesday, October 23, 2013

Reuters: Money News: In Detroit bankruptcy trial, union says city had pensions in sight

Reuters: Money News
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In Detroit bankruptcy trial, union says city had pensions in sight
Oct 23rd 2013, 23:48

DETROIT (Reuters) - A trial on Detroit's eligibility for bankruptcy protection kicked off on Wednesday with opponents claiming the city tried to bypass restrictions on cutting workers' pensions, as experts in municipal bankruptcy around the country watched closely in a case that could set important precedents.


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