Wednesday, September 04, 2013

Detroit was on verge of collapse without full access to casino revenue, depositions show

Detroit was on verge of collapse without full access to casino revenue, depositions show | Detroit Free Press | freep.com:
"It became clear to Detroit emergency manager Kevyn Orr by early May that the city’s finances were at risk of imminent collapse if the city couldn’t access all of its casino tax revenues, according to transcripts of depositions released Tuesday by the City of Detroit."

No comments: