Can Detroit Be Saved?

Sarah Hulett — Sat, 02 Mar 2013 11:02:00 +0000

Detroit is broke. On Friday, Michigan Gov. Rick Snyder announced the state will take over the city's finances.

"It is time to say, we need to start moving upward with the city of Detroit," he said.

But the question on many people's minds is whether state intervention will be enough — and whether the more ominous and painful scenario of municipal bankruptcy can be avoided.

Adding Up The Debt

Just how far gone is Detroit?

Racial, Regional Divide Still Haunt Detroit's Progress

Sarah Hulett — Tue, 11 Sep 2012 21:56:00 +0000

For many years — perhaps even decades — Detroit has been the poster child for economic malaise.