Billions in Debt, Detroit Faces Millions in Bills for Bankruptcy
Even as it wrestles with $18 billion in debt, the city has been charged more than $19.1 million by the firms and individuals hired to sort through the bankruptcy.
On this day
Revisit the music, news, notable people, and historical moments connected to this date.
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Even as it wrestles with $18 billion in debt, the city has been charged more than $19.1 million by the firms and individuals hired to sort through the bankruptcy.
Mired in debt, Puerto Rico has been effectively shut out of the bond market and is financing its operations with bank credit and other short-term measures.
The relative calm on Wall Street is worrying some investors, who fear the markets will not signal to politicians the true danger of hitting the debt ceiling until it is too late.
The more Wall Street is convinced that Washington will act rationally and raise the debt ceiling, the less pressure there will be on lawmakers.
After signing into law numerous measures praised by immigrants’ rights groups, Gov. Jerry Brown denied noncitizens what he called a “responsibility of citizenship.”
Music on My Birthday
The Top 50 albums for the chart week of October 2, 2013, covering October 8, 2013.
Jack Johnson
Justin Moore
Chris Young
Various Artists
Avicii
2013Philip Chevron, Irish singer-songwriter and guitarist (born 1957)[†]
Philip Ryan, professionally known as Philip Chevron, was an Irish singer-songwriter and guitarist and record producer. He was best known as the lead guitarist for the celtic punk band the Pogues and as the frontman for the 1970s punk rock band The Radiators from Space. Upon his death in 2013, Chevron was regarded as one of the most influential figures in Irish punk music.

2013Paul Desmarais, Canadian businessman and philanthropist (born 1927)[†]
Paul Guy Desmarais Sr. was a Canadian financier and philanthropist, based in Montreal. With an estimated family net worth of US$4.5 billion, Desmarais was ranked by Forbes as the fourth wealthiest person in Canada and 235th in the world in 2013. He was chairman and chief executive officer of Power Corporation of Canada until 1996 when he passed the reins of management of Power Corporation to his sons, Paul Jr. and André. He then continued to serve as a director and as chairman of the executive committee of the board, and remained the controlling shareholder. Power Corporation of Canada is a diversified international management and holding company with interests in companies in the financial services, asset management, sustainable and renewable energy, and other business sectors.
2013Rod Grams, American journalist and politician (born 1948)[†]
Rodney Dwight Grams was an American politician and television news anchor who served in both the United States House of Representatives and the U.S. Senate. A local news anchor, Grams became well known for working at Twin Cities station KMSP-TV from 1982 until 1991. He was a member of the Republican Party.
2013Rodolphe Kasser, Swiss archaeologist and philologist (born 1927)[†]
Rodolphe Kasser, was a Swiss philologist, archaeologist, and a Coptic scholar. He specialized in ancient Coptic language manuscripts, notably including the Codex Tchacos which includes the Gospel of Judas. He worked as both a professor at the University of Geneva and as head of the archaeological excavations of the Swiss Mission of Coptic Archaeology.
2013Andy Pafko, American baseball player and manager (born 1921)[†]
Andrew Pafko was an American professional baseball player. He played in Major League Baseball (MLB) for the Chicago Cubs (1943–51), Brooklyn Dodgers (1951–52), and Milwaukee Braves (1953–59). He batted and threw right-handed and played center field.
2013Akong Rinpoche, Tibetan-Chinese spiritual leader (born 1939)[†]
Chöje Akong Tulku Rinpoche was a tulku in the Kagyu school of Tibetan Buddhism and co-founder of the Samye Ling Monastery in Scotland, Tara Rokpa Therapy and charity ROKPA International.
In 2013, the world population was approximately 7,291,793,585 people[†]