Detroit workers, retirees still suffering 10 years after city's bankruptcy
Workers and retirees in Detroit, Michigan, are still feeling burned ten years after the city's bankruptcy. The city filed for bankruptcy on July 18, 2013.
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Workers and retirees in Detroit, Michigan, are still feeling burned ten years after the city's bankruptcy. The city filed for bankruptcy on July 18, 2013.
The Motor City has risen from the ashes of insolvency, with balanced budgets, revenue increases and millions of dollars socked away.
Mike Berent has spent more than 27 years rushing into burning houses in Detroit, pulling people to safety and ensuring his fellow firefighters get out alive.
The city's finances are better, but city workers and retirees feel burned.
Thousands of Detroit city employees and retirees lost big on July 18, 2013, when a state-appointed manager made Detroit the largest U.S. city to file for bankruptcy. A decade later,