Detroit's breakneck speed hastened start of largest US municipal bankruptcy trial this week

  • by: COREY WILLIAMS , Associated Press
  • Updated: August 31, 2014 - 9:25 AM

DETROIT — It took decades of mismanagement, malfeasance and meltdowns in its bread-and-butter manufacturing sector for Detroit to hit fiscal rock bottom. The path to exit bankruptcy could take less than a year and a half.

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