Analysts keep barking about how this is good for Detroit, how it is going to help Detroit's future out, how things are positive and optimistic. That may be, in part, but for those folks whose contracts will be gutted ..err restructured its a loss. On paper there is opportunity for repairing Detroit's economy and problems, but we know in actuality this is just a fire-sale for the Walmart types to step in and buy out what remains at bargain-basement pricing. Suddenly all of Detroit will have corporate sponsorship like the rides at Disneyland or all the shit at an NFL stadium
