Detroit has filed for bankruptcy?

[flex]

That really sucks! 

CNN Breaking News:

"Detroit filed for bankruptcy, becoming the nation's largest public sector bankruptcy.

The move could slash pension benefits to city workers and retirees, and leave investors holding the city's debt with only pennies on the dollar."

[lola]

Yes.

Largest bankruptcy in history. Poor Detroit. I hope it is able to come out of this a better and strong city.

[W.T.Faulkner]

Poor, poor Detroit.

[karmasabiotch]

And the Kwame Kilpatrick legacy keeps on giving back.

[pantsparty]

So sad

[mellymel]

Detroiter checking in. Well, Metro Detroiter. This is a sad day.