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March 27, 2012

Financial Emergency Declared in Detroit 
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The state of Michigan appears to be moving closer to appointing an
emergency manager to take over the city of Detroit. On Monday Detroit's
financial review team declared the city is under a financial emergency
but did not recommend that an unelected emergency manager take over the
reins of city government. The city and state now have 10 days to reach
an agreement before deciding if an emergency manager is needed. Monday's
meeting was frequently disrupted by angry residents. As the meeting
began, scores of residents began chanting "No takeover."



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