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Moody's says Detroit financial recovery plan indicates bond default or bankruptcy are real options - @Reuters
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Cincinnati police chief James Craig says he is leaving to take over Detroit police department - @AP
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Traveler from Saudi Arabia arrested at Detroit airport with pressure cooker; set to be arraigned - @detroitnews
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Detroit is 'clearly insolvent' and needs many fixes to address its problems, according to report from emergency manager - @Reuters
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Initial report from Detroit emergency manager shows the city with $162 million negative cash flow - @AP
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