Published On: Jul 11 2012 10:56:08 AM CDTUpdated On: Nov 07 2014 12:45:03 PM CST
A federal judge on Friday approved Detroit's 16-month-long plan to emerge from the largest bankruptcy in U.S. history, WDIV reported. Take a look at all the U.S. cities that have gone broke.
Since 1937, when bankruptcy became an option for municipalities, an estimated 625 government bodies have filed for Chapter 9 protection, according to ABC News. Here are the most recent, and some of the most notable:
20 individuals have been arrested in connection with a five-month long investigation that involved the Santa Barbara Police Department, and the Bureau of Alcohol, Tobacco, Firearms and Explosives, into the sales of illegal narcotics and firearms.
For little to no cost financial cost to the fighters, the Central Coast Boxing club is training young people to channel their aggression into something positive. Their program has gotten so popular, they're looking to expand, and you have a chance to support them by cheering them on at a huge event May 14.
American troops liberate the Dachau concentration camp, the U.S. begins evacuating American citizens from Saigon, Alfred Hitchcock dies, Roger Clemens sets a strikeout record, and riots consume Los Angeles, all on this day.
George Washington is inaugurated as the first U.S. president, the Louisiana Purchase is completed, Adolf Hitler commits suicide, "The Cosby Show" airs its final episode, and Chrysler declares bankruptcy, all on this day.