Detroit Files for Bankruptcy, But City Residents Remain Resilient

Friday, July 19, 2013

Detroit Skyline (Adrea_44/Wikipedia Commons)

Yesterday afternoon, it was announced that the city of Detroit would be filing for bankruptcy today.

This bankruptcy petition would seek to protect the Motor City from creditors who are owed over $18 billion dollars.

Craig Fahle, Host of the radio program The Craig Fahle Show on WDET Detroit Public Radio, has more on the situation.

City Residents Remain Resilient

While the city government may be going bankrupt, Detroit residents are picking up the slack.

SOUP is a monthly competition, where up to 300 Detroiters pay $5 each for soup and a vote to support a creative local project for social change. The winner takes home the pool of entry fees to begin their project.

Amy Peterson won this month with her project called Rebel Nell. She joins The Takeaway to discuss about the competition and the financial state of Detroit.

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Craig Fahle and Amy Peterson

Produced by:

Tyler Adams, Arwa Gunja and Kristen Meinzer


T.J. Raphael

Comments [1]


The Soup sounds more like The Onion?

“History repeats itself, first as tragedy, second as farce.”
Karl Marx
A once great capitalist city is brought to its knees.

Take a bow Karl. You and your dupes did it again.

Jul. 19 2013 09:28 AM

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