Tag: bankruptcy

With Obamacare, this man can make a mid-life career change without sacrificing financial security

With Obamacare, this man can make a mid-life career change without sacrificing financial security

If he didn’t have health insurance, Jason isn’t sure how he would have paid for gallbladder surgery. Changing careers is never easy, but Jason Cole knew it was the right decision for him. He left his job as a correctional officer to return to school to fulfill his dream of becoming a high school history teacher, because he wanted to […]

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Having faced a medical bankruptcy, Republican has a change of heart about the ACA

Having faced a medical bankruptcy, Republican has a change of heart about the ACA

Seeing other people’s success stories convinced her to look into getting covered — and she’s glad she did. UPDATED. See below. When health insurance became available through Healthcare.gov last year, Theresa had her doubts about the Affordable Care Act (ACA). As a fiercely independent small business owner — and a Republican — the only news she saw about Obamacare was […]

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BREAKING: Detroit Emergency Manager Kevyn Orr to resign “within days”

BREAKING: Detroit Emergency Manager Kevyn Orr to resign “within days”

BloombergBusinessweek is reporting that Detroit Emergency Manager Kevyn Orr will soon be resigning. The Detroit City Council voted unanimously in late September to remove Orr as the Emergency Manager and his tenure was to end when the plan of adjustment was approved in bankruptcy court and implemented. The first of those two steps has happened. Orr’s resignation will likely come […]

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“A half billion dollars or the art gets it” – The looting of Detroit and why bankruptcy may be the best course

“A half billion dollars or the art gets it” – The looting of Detroit and why bankruptcy may be the best course

A rock on one side and a hard place on the other Last year, the Detroit Institute of Arts had over a half million visitors. The museum is a huge tourist draw and an anchor for the area of Detroit that surrounds it. The cost to the city of Detroit for this priceless collection of art is exactly zero dollars. […]

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Dear world: Keep your greedy hands off the Detroit Institute of Arts’ collection

Dear world: Keep your greedy hands off the Detroit Institute of Arts’ collection

The DIA is a superhero among museums. But that doesn’t mean it should have to save Detroit. I don’t understand this obsession some people have with the Detroit Institute of Arts selling off the treasures in its collection. Do they think it’s the DIA’s responsibility to save Detroit? Because it’s not. Of course, the people who think the DIA should […]

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