Detroit to Stay Under Bankruptcy Court Protection

Detroit to Stay Under Bankruptcy Court Protection Play

Dec. 3 (Bloomberg) -- Detroit can remain under bankruptcy court protection, where the city is shielded from lawsuits or other actions that might interfere with its attempts to reduce debt and cut employee benefits. U.S. Bankruptcy Judge Steven Rhodes announced his decision today in Detroit after holding a two-week trial. Michael McKee reports on Bloomberg Television's "Market Makers." (Source: Bloomberg)

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