Archive for August, 2013

Detroit, once a symbol of industrial might, becomes largest US city to file for bankruptcy

Written by Stockton Hardware Store on August 3rd, 2013. Posted in News

DETROIT – Detroit became the biggest U.S. city to file for bankruptcy Thursday, its finances ravaged and its neighbourhoods hollowed out by a long, slow decline in population and auto manufacturing that once made it the very symbol of American industrial might.