Authors:

  • John Macomber
  • Robert Pozen
  • Eric Werker

Excerpt

Detroit Has Filed For Bankruptcy. Now What?. John Macomber, Robert C. Pozen, Eric D. Werker, July 24, 2013, Opinion. "Once the hub of American manufacturing, Detroit has long been in a state of economic decline. The rubber finally hit the road last week, when the city filed for bankruptcy protection. The challenges ahead for all those people and organizations that call the Motor City home are daunting, from a relentlessly declining tax base to a mountain of pension costs. Three HBS faculty members—John Macomber, Robert Pozen, and Eric Werker—offer their views on some down-the-road scenarios..." Link verified April 4, 2014