Detroit Businesses See Bankruptcy as Opportunity for ‘Stability’
by Joel R. Glucksman on August 1, 2013
When cities file for municipal bankruptcy protection, public works projects, civil servants, and public institutions typically suffer. In the case of the most recent historic filing, many Detroit businesses see it as an opportunity to gain more traction in an economy that has been unpredictable and sluggish for the last several years.
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