（某種程度上的）贏家：底特律現有居民

????現在還住在底特律的居民離他們所向往的“清零狀態”又近了一步，這種狀態也就是一個全新的開始，不再負債，同時也擺脫了底特律一敗涂地的財務管理不善歷史。賓周二說：“我不認為路燈會很快亮起來，”他指的是目前底特律還有40%的路燈亮不了。他還表示希望這座城市的公交服務和警察響應時間能有所改善。但對居民們來說，壞消息是退休金削減可能會拖累當地經濟，而底特律美術館（Detroit Institute of Arts Museum）里的藝術品也難逃被拍賣的命運。

贏家：里克?施耐德州長

????法官的裁定在好幾方面都堅決維護了密歇根州州長、共和黨人里克?施耐德。這位州長先是做了有力的論證，支持破產是底特律重獲新生的最佳道路（法官裁定底特律符合《破產法》第九章的規定），隨后他又越過該市的民選官員直接派來了一位緊急狀態管理人（法官裁定此舉完全符合憲法）。現在，施耐德委派的這位大員手里的權力更清晰了。而盡管羅茲對密歇根州的談判技巧沒什么興趣，只是說和債權人的談判算是“誠心誠意”地展開的，他卻格外稱贊了施耐德，說他沒有給對奧爾的任命附加什么應急任務。

輸家：公務員工會

????削減養老金的決定其實具有全國性影響。大量公共機構還正在為退休金和醫保債務苦苦掙扎，而底特律的這場談判卻可能導致更多地方開始推行養老金削減措施。加州將對此保持密切關注。

贏家：美國其他破產城市

????管其他山窮水盡的城市叫“贏家”似乎是跑題了，尤其是考慮到如果市政債券一旦被認為缺乏安全性，借貸成本可能上漲。但賓夕法尼亞大學（University of Pennsylvania）法學教授大衛?斯基爾卻表示，能就削減退休金展開談判，哪怕只是減一點點，對許多苦苦掙扎的地方政府來說也能松一大口氣。7月份，他曾在一篇文章中寫道，如果這方面沒有一定的靈活性，“美國很多城市不斷下滑的財政狀況很可能還將持續下去。”

????譯者：清遠

WINNER (sort of): Current city residents

????People living in Detroit today are one step closer to that coveted "clean slate" -- a fresh start, debt-free and untainted by Detroit's history of catastrophic financial mismanagement. "I do think we'll see lights come on," Bing said on Tuesday, referring to the 40% of Detroit streetlights that do not function. He added that he also expects improvements to the city's bus service and police response times. The bad news for residents is that haircuts to pensions could affect the local economy, and the art in the Detroit Institute of Arts Museum could still go on the auction block.

WINNER: Governor Rick Snyder

????The judge's ruling vindicated Michigan Republican Governor Rick Snyder on several counts. The governor has made a forceful argument in favor of bankruptcy as the best path forward for the city (the judge ruled that Detroit was eligible for Chapter 9), and he overrode elected city officials to install an emergency manager (a move the judge ruled constitutional). Now, Snyder's appointee has even clearer authority. And while Rhodes was less keen on the state's negotiating tactics, essentially saying attempts to negotiate with creditors were only barely done "in good faith," he commended Snyder for not attaching contingencies to Orr's appointment.

LOSER: Public employee unions

????The decision to trim pension obligations has nationwide implications. As public institutions struggle with pension and healthcare debt, Detroit's negotiations may set the stage for more pension haircuts. California will be keeping a close eye on this one.

WINNER: America's other bankrupt cities

????Calling cash-strapped municipalities "winners" in this case seems like a stretch, especially considering that borrowing costs may increase if municipal bonds are deemed unsafe. But University of Pennsylvania law professor David Skeel says that the ability to negotiate pensions, even a little, could be a big relief to struggling governments. Without some flexibility, he wrote in July, "the downward financial spiral of too many American cities is likely to continue."