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TAKE-A-LOOK-State review team finds Detroit's finances are dire
February 20, 2013 / 12:51 AM / 5 years ago

TAKE-A-LOOK-State review team finds Detroit's finances are dire

Feb 19 (Reuters) - A review team named by Michigan Governor Rick Snyder to
scrutinize Detroit's finances concluded that the city faces a financial
emergency and needs help to make difficult decisions. It is now up to Snyder to
decide whether to declare a state takeover over the city's finances. Detroit,
the state's biggest city, has been grappling with a gaping deficit amid a
cratering population and declining jobs base.
    For stories on the review team's findings and other stories on the state of
affairs in Detroit, double-click on the number in the square brackets.
    
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FACTBOXES
2/19 A brief history of Detroit's fiscal problems                
2/19 What happens to Detroit if financial emergency is declared  

ANALYSIS
1/28 Stuck in reverse, Detroit edges closer to bankruptcy        [ID:nL1N0AUAY9}

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