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Detroit becomes largest city to file for bankruptcy

By Agence France-Presse
Thursday, July 18, 2013 17:13 EDT
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The General Motors (GM) building stands tallest in Detroit's skyline on November 21, 2008 in Michigan (AFP)
 
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The city of Detroit on Thursday became the largest city in US history to file for bankruptcy protection, court documents showed.

Once the fourth largest US city, Detroit has seen its population shrink by more than half, from 1.8 million in 1950 to 685,000 today, as crime, flight to the suburbs and the hollowing out of the auto industry have eaten away at its foundations.

Agence France-Presse
Agence France-Presse
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