No large school district nationwide, has ever filed for bankruptcy according to the Washington-based Council of the Great City Schools, an association of 67 of the nation’s largest school districts.

The Detroit Public Schools may have no choice but to file for Chapter 9 bankruptcy, which would make it the first big-city school district to use bankruptcy court to avoid paying millions to vendors, employees and bondholders, experts said Thursday.

Not so much with the green shoots. First time for anything, I guess.

Tags: bitch bitch bitch, depression 2.0, no really we're really fucking fucked this time, trouble in paradise, wow

This entry was posted on Saturday, July 11th, 2009 at 01:34.