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Probably be the lowest day in detroit s history, isn t that a good thing instead of having a lower day tomorrow? reporter: the enormity of detroit s bankruptcy hit washington friday. can we help detroit? we are now going through exactly in detail the question is we don t know at this point. that s the anxiety. that s what a lot us are concerned about is the unknown. okay. you know, there are a lot of unknowns about detroit, as you saw. we were there just yesterday reporting on this bankruptcy. a lot of unknowns. and we all hope that there are brighter days ahead for detroit. right now this city is facing the stigma of bankruptcy and also millions and millions in legal fees to try to fight this out in court. and exit bankruptcy. so we want to show you the images. you heard in that piece, we talked about the 78,000 abandoned structures. just in the city of detroit. 78,000. that is part of the real problem here. we want to show you pictures of the city, how it has changed. ....
People, the pensioners, people currently working for the city, and retired. they re telling me they are scared. they re scared their health care benefits are going to be cut. they re scared their pensions are going to be cut. is there any way to exit bankruptcy without concessions from them? we do have roughly 9700 employees and 19,700 retires, who deserve state of the art current 21st century services. nothing is going to change for the rest of this we will go through this process. we have no plans. they re worried about their retirement. let s talk about. we re looking at the unfunded portions. we only have two retirement plans. we re looking at the under funded portion. that would be part of a dialogue to determine what that is. ....
Managed bankruptcy as the way forward. the course i recommended was eventually followed, but something else happened along the way that was truly egregious. before the companies were allowed to enter and exit bankruptcy, the u.s. government swept in with an $85 billion sweetheart deal disguised as a rescue plan. by the spring of 2009, instead of the free market doing what it does best, we got a major taste of crony capitalism obama style. yeah, i guess lehman brothers did all right when they were left alone, didn t they? well, first of all, let s talk about the politics of this. we re going into michigan. we are. internal polls among republicans in michigan show that something like 62% of republicans in that state oppose the bailout, 19% supported it. so this is good politics for romney. the argument they re going to be making, though, moving forward, ....
morning? reporter: good morning to you, kyra. the body of whitney houston flew back yesterday to new jersey. left the airport here in the los angeles area and is now back in new jersey. the latest is that the investigation, according to the beverly hills police department who came out yesterday and gave a press conference saying the investigation at the beverly hilton hotel is over and they re saying it is not a criminal investigation, it is a death investigation. they re saying that as far as they re concerned, it is in the hands of the l.a. county coroners. the coroner gave a press conference yesterday as well saying downplaying the prescription drugs that were found in the room and they re also saying that whitney houston died in the bathtub and by the time that they got there and by the time rescue workers got there she had been removed and they tried to revive her but they couldn t. and they re saying that whitney houston had been seen alive and well in the roo ....