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Coffee Shoppe
Posted On: 07/18/2013 5:11:08 PM
Post# of 63828
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Posted By: PoemStone





A vacant and blighted home, covered with red spray paint, sits alone in an east side neighborhood once full of homes in Detroit, Michigan January 27, 2013. REUTERS/Rebecca Cook

Detroit files biggest-ever U.S. municipal bankruptcy


By Nick Carey

DETROIT - The city of Detroit filed for the largest U.S. municipal bankruptcy ever, marking a new low for a city that was the cradle of the U.S. automotive industry.  Full Article



  • Long: In a Detroit bankruptcy, who is first in line?

  • New to blight, stronger Detroit neighborhoods fight back

  • Cheap Detroit homes are costly for communities, unwary buyers

  • Detroit's foundations spread money through broken city






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