Behind Detroit’s ‘grand bargain’ to emerge from bankruptcy

Name: Behind Detroit’s ‘grand bargain’ to emerge from bankruptcy
Uploaded: 2014-11-08T01:09:09Z
Duration: P402S
Description: Nearly 16 months after Detroit filed the largest municipal bankruptcy in the country’s history, a federal judge approved a plan to drop the city’s $7 billion in debt and invest over $1 billion in public services. Hari Sreenivasan speaks with Darren Walker of the Ford Foundation, the organization that donated $125 million to a crucial part of Detroit’s survival plan.

Clip: 11/07/2014 | 6m 42s

Nearly 16 months after Detroit filed the largest municipal bankruptcy in the country’s history, a federal judge approved a plan to drop the city’s $7 billion in debt and invest over $1 billion in public services. Hari Sreenivasan speaks with Darren Walker of the Ford Foundation, the organization that donated $125 million to a crucial part of Detroit’s survival plan.

Aired: 11/07/14

Rating: NR

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Major corporate funding for the PBS NewsHour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by Consumer Cellular and American Cruise Lines. For a complete list of funders for the PBS NewsHour and PBS NewsHour weekend, click here.

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Behind Detroit’s ‘grand bargain’ to emerge from bankruptcy

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