Feds Sending Bankrupt Detroit $320M Aid Package - Presented by: The Aol. On Network

Detroit is set to rake in about $320 million in federal aid just months after it became the largest city in U.S. history to declare bankruptcy. Fox News calls it a “bailout,” but the Obama administration says the funds are designed to help out the city, not rescue it completely. The aid is only a fraction of the city’s crushing $18 billion debt. Detroit already qualifies for $293 million in aid every year to begin with.



Related Videos

Most Popular Videos

Latest Videos


Most Active by Volume

Company Last Sale Change Net / %
AAPL $ 118.699 2.60 ▼ 2.14%
FTR $ 5.16 0.44 ▲ 9.32%
BAC $ 17.645 0.24 ▼ 1.31%
TWTR $ 29.23 1.78 ▼ 5.74%
S $ 3.33 0.04 ▼ 1.19%
PBR $ 6.39 0.41 ▼ 6.03%
LXRX $ 13.36 4.92 ▲ 58.29%
MU $ 19.21 0.70 ▲ 3.78%

As of 8/3/2015, 03:03 PM