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Legal Commentary
: AlthouseMitt Romney: "Let Detroit Go Bankrupt."
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A NYT op-ed:Without that bailout, Detroit will need to drastically restructure itself. With it, the automakers will stay the course ? the suicidal course of declining market shares, insurmountable labor and retiree burdens, technology atrophy, product inferiority and never-ending job losses.
Full post as published by Althouse on November 19, 2008 (boomark / email).
Lawsuits and Settlements
Lehman Brothers
Bankrupt, Files Chapter 11
Police Officer Slander
City of Detroit agrees to $25,000 settlement.
Detroit, MI
$6.5 million settlement in mayor whistleblower lawsuit.
Dana Tax Donations
Bankrupt auto supplier pays $1.25 million settlement.
Bankrupt Money Manager
Former officers to pay $10.7 million settlement in fraud lawsuit.
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