Bankruptcy is a very last resort. It was a tremendously difficult decision to make, but the right one.
Michigan Gov. Rick Snyder, testifying in Detroit's bankruptcy case that lawsuits filed by state pension holders and others led to the decision to file for Chapter 9 protection.
Michigan Gov. Rick Snyder, testifying in Detroit's bankruptcy case that lawsuits filed by state pension holders and others led to the decision to file for Chapter 9 protection.
