Tag: Detroit

Half of Detroit’s Mayoral Candidates Are Convicted Felons

Buck Banks

4

“Half of the eight mayoral hopefuls on Detroit’s primary ballot next week have been convicted of felony crimes involving drugs, assault or weapons,” a Detroit News analysis shows. “Three were charged with gun crimes and two for assault with intent to commit murder. Some of the offenses date back decades, the earliest to 1977. The most recent was in 2008.”

Detroit’s Bankruptcy Is Getting Expensive

Buck Banks

$1.44 million

Amount Detroit is paying monthly to six consulting firms hired by the city for its turnaround, according to the Detroit News. In addition, Conway MacKenzie’s contract allows it to bill up to $400,000 every two weeks for its work, which was first approved by Mayor Dave Bing and the Detroit City Council in January. The city’s bankruptcy firm Jones Day charges up to $1,000 an hour.