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USA
City of Detroit Files for Bankruptcy
July 19, 2013 9:11 AM
Detroit, Michigan filed for bankruptcy in U.S. federal court on Thursday, making it the largest municipality in U.S. history to seek Chapter 9 protection.
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Abandoned brick homes on the east side of Detroit.
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Detroit Mayor Dave Bing (left) speaks at a news conference, July 18, 2013. State-appointed emergency manager Kevyn Orr is on the right.
City of Detroit Files for Bankruptcy
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