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This week's fraud conviction of Lee Farkas, CEO of one of the country's largest private mortgage lending companies, has been trumpeted by federal prosecutors. But opportunities for the Justice Department to crow about victories in financial cases are few and far between.

This week’s indictment against Detroit’s former mayor and others is likely to renew interest in changing the way the region’s massive water system is run.…

We’ve known for awhile that Detroit’s finances are reaching a crisis point. It’s believed the city could run out of money within the next few months. News…

The Michigan Agri-Business Association wants to open the Port of Muskegon to river barge traffic.The large, flat-bottomed boats already carry huge…

Detroit mayor Dave Bing says he’ll resort to mandated employee furlough days before letting the city go broke.The city is facing a likely $18 million cash…

Detroit mayor Dave Bing says the Detroit City Council has pushed the city to the brink of another cash crisis.The Council voted Tuesday to reject a…

Detroit officials are trying to boost aid programs for people who struggle to pay their water bills--before the city starts shutting off residential…

The City of St. Louis, Michigan needs a new water system. That’s because pollution from the old Velsicol Chemical plant is leaking into St. Louis’ water…

The deepening political scandal in Illinois continues to ignite strong debate among residents about the integrity of leadership in the state. Chicago Sun-Times columnist Mary Mitchell returns to the program, and joined by Chicago Tribune Reporter Mike Dorning to discuss their state's political crisis.

Update 4:58 pm:State Treasurer Andy Dillon says the district’s money problems are deep and troubling. He says the state will advance the school district…