Behind Detroit’s ‘grand bargain’ to emerge from bankruptcy

Aired: 11/7/2014 | 0:06:42 | Clip
Nearly 16 months after Detroit filed the largest municipal bankruptcy in the country’s history, a federal judge approved a plan to drop the city’s $7 billion in debt and invest over $1 billion in public services. Hari Sreenivasan speaks with Darren Walker of the Ford Foundation, the organization that donated $125 million to a crucial part of Detroit’s survival plan.