 will obama bailout detroit  president obama is closely monitoring detroit rsquo s financial situation and urged the city and creditors to find a solution  ldquo the president and members of the president rsquo s senior team continue to closely monitor the situation in detroit while leaders on the ground in michigan and the city rsquo s creditors understand that they must find a solution to detroit rsquo s serious financial challenge we remain committed to continuing our strong partnership with detroit as it works to recover and revitalize and maintain its status as one of america s great cities rdquo white house spokesman keith maley said to read more on detroit rsquo s bankruptcy and what is being considered for assistance click on this link  http wwwdetroitnewscom article 20130718 metro01307180119 presidentobamakeepingcloseeyedetroitbankruptcy 19  will obama bailout detroit  