Going broke: Bankrupt municipalities

Published: Jul 11 2012 11:56:08 AM EDT   Updated On: Nov 07 2014 01:45:03 PM EST
Pile of coins

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.