Bond insurer's attorney tells judge 75 cents on dollar is fair settlement of Detroit debt

  • by: COREY WILLIAMS , Associated Press
  • Updated: September 3, 2014 - 4:30 PM

DETROIT — An attorney for one of Detroit's creditors told a judge overseeing the city's historic bankruptcy Wednesday that Detroit could afford to pay 75 cents on the dollar to settle its debt if it sold some masterpieces from the art museum.