re: #102 piratedan

how much does anyone wanna bet that this was all about poaching money that was sitting in pension and benefit accounts for public employees?

Yep.

An attorney for the pension funds said he feels blindsided because he agreed to delay the emergency hearing five minutes at the request of attorneys for Gov. Rick Snyder. He was seeking a temporary restraining order to block the historic bankruptcy filing.

During those five minutes, he said, attorneys filed in federal court in Detroit for Chapter 9 bankruptcy protection, which generally results in a stay in all other pending litigation involving the city.