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Happy Halloween everyone. Sunny skies for today with highs again in the low and mid 70's. High pressure will allow things to cool down quickly for trick or treaters. Temps tonight fall to the low and mid 40's. Sunny skies all weekend. Saturday and Sunday peak in the low and mid 60's.
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.