Union leadership is noticeably silent on the issue.

http://www.nextchapterdetroit.com/no...of-adjustment/

http://voiceofdetroit.net/2014/06/07...grand-bargain/

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Few questions:

[[1) Should the retirees fail to satisfy the requirements [[majority of voters, 2/3 of money represented in both classes, GRS and Police/Fire), is there enough of a majority of other creditors for Judge Rhodes to do a cramdown?

[[2) On appeal, when the appellate court reviews whether or not the Plan of Adjustment was fair and equitable, is it allowed to consider the Grand Bargain offer or any other settlement offer floated in mediation?

[[3) Up to this point, pensions cuts have not yet been put in force. When would that take place?