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Mich. gov. denies knowing donors for manager fund

October 10, 2013 • Business


FILE – In this Feb. 7, 2013 file photo, Michigan Gov. Rick Snyder presents his third state budget before the state Legislature in Lansing, Mich. Snyder is taking questions under oath as labor unions and other creditors in Detroit’s bankruptcy try to understand why he signed off on the largest public filing in U.S. history. Three months later, no assets have been divided and no major deals have been struck. In fact, a judge soon will hold a trial to determine if Detroit even is eligible to be in Bankruptcy Court to restructure at least $18 billion in long-term debt. Snyder’s answers during a three-hour Login to read more

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