After bankruptcy, can Detroit reinvent itself?12:37
The city of Detroit filed for bankruptcy protection on Thursday, July 18, making it the largest U.S. city in history to file for Chapter 9. What does it mean for the city's public sector retirees and their pension funds? What does it mean for the city overall? Can it reinvent itself? Economic analyst Steve Rattner discusses along with "Meet the Press" moderator David Gregory discusses.