Social Issues Breaking News: Detroit Bankruptcy May Alter Distressed U.S. City Behavior

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Social Issues Breaking News: Detroit Bankruptcy May Alter Distressed U.S. City Behavior

by Wochit 1:09 mins

Social Issues Breaking News: Detroit Bankruptcy May Alter Distressed U.S. City Behavior

by Wochit 1:09 mins

Moody's Investors Service said Detroit's filing for bankruptcy protection is "profoundly meaningful" for the small number of local governments in the United States that are below investment grade, and could change their approach to pensions and other long-term liabilities. Attorney General Eric Holder said in a letter dated July 23rd to his Russian counterpart this week that self-proclaimed NSA leaker Edward Snowden would not face the death penalty if he were sent home.Holder also said Snowden would not be tortured and would have all the protections of the U.S. civilian court if he were to come home from the Moscow airport where he has been hiding out. After at least a decade of holding the key, Ariel Castro will now spend the rest of his life behind the lock. The 53 year-old accepted a plea deal and be spared the death penalty but will serve life without parole, plus 1,000 years after being charged with kidnapping, raping and beating three women over the course of a decase in his Cleveland, Ohio home.

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