CNBC Power Lunch July 19, 2013
On what to do. Watch your toes, sue. Absolutely, ty. Chilling pictures. Wait until you see them. Its amazing how close the sharks are getting to shore. We start with detroits bankruptcy filing. They filed the largest ever municipal bankruptcy late yesterday afternoon. The citys state appointed emergency manager sought bankruptcy protection rather than taking more money from the battered Emergency Services department to pay off the debt. Today michigans Governor Rick Snyder said many of the citys creditors arent sure theyll ever be repaid. This is the cover though of todays detroit free press. ...