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