U.S. judge rules Detroit eligible for bankruptcy protection

DETROIT, Dec 3 (Reuters) - Detroit is eligible for bankruptcy protection, a U.S. judge ruled on Tuesday after determining the city is broke and had too many creditors to make negotiations over more...

from Reuters: Bankruptcy News http://feeds.reuters.com/~r/reuters/bankruptcyNews/~3/VDHUOZBbhb8/usa-detroit-bankruptcy-ruling-idUSL2N0JI10G20131203