Detroit, one of America's iconic cities — former capital of the auto industry and soul music's Motown Sound — has been in trouble for 60 years. Now, once America's fourth largest city -- with just 40% of its peak population, a shadow of its former self and $18 billion in debt — it is the biggest American city ever to declare bankruptcy. What will yesterday's action mean for residents, city workers and retirees? What more will it take for Detroit to get a "fresh start?"
Detroit Becomes Biggest Municipal Bankruptcy in US History
Credits
Guests:
John Gallagher - Detroit Free Press -
@JGallagherFreep,
Micheline Maynard - Forbes -
@MickiMaynard,
Mike Cherney - Wall Street Journal,
Andrew Zago - Zago Architecture / Southern California Institute of Architecture
Host:
Warren Olney
Producers:
Kerry Cavanaugh,
Katie Cooper,
Christian Bordal