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The Carve-Up Of Detroit

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AFRICANGLOBE - Detroit, the former auto capital of the world and largest Black city in America, is in the final stages of a bankruptcy process that has from the start been a conspiracy of the banks against the city’s population. Closing arguments in federal bankruptcy court are scheduled to begin next week, a legal formality before the city’s brutal restructuring plan is approved by the judge.

Bank-Engineered Bankruptcy Filed in Detroit to Rob City of Pensions and...

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AFRICANGLOBE - Detroit filed for the largest municipal bankruptcy in U.S. history Thursday after steep population and tax base declines sent it tumbling toward insolvency.
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