Tuesday, January 14, 2014
Foundations Aim to Save Pensions in Detroit Crisis - NYTimes.com
Foundations Aim to Save Pensions in Detroit Crisis - NYTimes.com: National and local philanthropic foundations have committed $330 million toward a deal to avoid cuts to Detroit retirees’ pensions and to save the Detroit Institute of Arts’ renowned collection, federal mediators involved in the city’s bankruptcy proceedings announced on Monday
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