Skip to content
Subscriber Only

Michigan Town’s Bankruptcy Bid a Harbinger, Governor-Elect Says

Michigan Governor-elect Rick Snyder said a Detroit suburb’s effort to enter bankruptcy is an “early indicator” of the depth of financial trouble faced by hundreds of communities in the state.

There are “wealthy communities that are not in that different a position” from Hamtramck, said Snyder, a Republican who is a former computer-company executive.