Detroit Becomes Largest US City to File for Bankruptcy

Detroit made dubious history on Thursday when it filed for bankruptcy becoming the largest U.S. city ever to do so. Photo: Michigan Municipal League The Detroit Free Press reports that the filing made by the city’s emergency manager, Kevyn Orr, … begins a 30- to 90-day period that will determine whether the city is eligible … Continue reading Detroit Becomes Largest US City to File for Bankruptcy