August 16, 2015

Detroit's bankruptcy, Kevyn Orr 8 months later

Here is a 2 minute video recorded in July 2015 of Kevyn Orr discussing the Grand Bargain. You will notice there is no mention of the value of art given away for pennies on the dollar and no mention of all the assets given up by the city to reduce the debts by $7 billion. In addition to the art the city surrendered ownership of the Joe Louis Arena, cash flow from the Windsor Tunnel and a number of parking garages and parking lots.

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