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Synopsis.......

 

Some mostly light showers will continue tonight into Saturday morning ahead of a strong upper level disturbance which will bring us widespread heavy thunderstorms late Saturday into early Sunday morning.  Drier air will take over Sunday with cooler temperatures next week.

 

 

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The following is an archived video story. The text content of that video story is available below for reference. The original video has been deleted and is no longer available.

Detroit is bankrupt

KFDM News - The City of Detroit has filed for bankruptcy.

It's the largest public sector bankruptcy in the nation's history. The plan calls for cutting 11-and-a-half billion dollars in unsecured debt -- including pensions-- down to just $2 billion.

The move -- announced Thursday afternoon-- could slash pension benefits and leave investors holding the city's debt.

 

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