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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.
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.