A look at the unique deal that settled Detroit's municipal bankruptcy. Foundations, corporations, foundations and governments stepped out of their normal operating boundaries to craft an $800 million agreement that allowed Detroit to move out of Chapter 9 without a fire sale of its assets or sacrificing its pensioners. The class will examine the part played by each of the principles, and how the experience in Detroit changed the way collaborations between government, foundations and the business community will work in the future. Class will feature guest appearances by and video-taped interviews with many of those involved in the Grand Bargain. It is taught by Nolan Finley, editorial page editor of The Detroit News, who covered bankruptcy.
Class will be held on the following dates: Oct 31, Nov 14, 21, 28, Dec 5 and 12
Download the Coursemart audio (.mp3)