Will Detroit Set a Wave of City Bankruptcies?

Bloomberg Economic Editor Michael McKee examines whether Detroit’s bankruptcy will unleash a wave of municipal filings as cities shoulder massive debts and pension obligations.

Will Detroit Set a Wave of City Bankruptcies?

Bloomberg Economic Editor Michael McKee examines whether Detroit’s bankruptcy will unleash a wave of municipal filings as cities shoulder massive debts and pension obligations. He speaks on Bloomberg Television’s “In The Loop.”

[youtube height=”326″ width=”580″]http://www.youtube.com/watch?v=QHjkjzSPE4c[/youtube]
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