Detroit negotiating with creditors for debt reduction

Now watching

Next video starts in : 7 Play

Detroit negotiating with creditors for debt reduction

Detroit negotiating with creditors for debt reduction
Replay video
Up next

Recap: CIN 1, STL 0

Unlock your personal NFL Now stream by signing in to NFL.com

Detroit negotiating with creditors for debt reduction

by CBSTV Videos 1:34 mins

Detroit owes 100,000 creditors money that it doesn't have. The city is negotiating a deal with banks to reduce its debt, but other creditors could end up with pennies on the dollar. Mark Strassmann reports.

View Comments (0)