Detroit, after having billions of dollars of debt erased through bankruptcy, has emerged with a razor-thin financial cushion. Laura McDermott/Bloomberg via Getty Images hide caption
bankruptcy bankruptcy
Stories About
bankruptcy
Mendocino, Calif., lures vacationing tourists and retirees. But the lone hospital on this remote stretch of coast, in nearby Fort Bragg, is struggling financially. David McSpadden/Wikimedia hide caption
Milwaukee's Rancorous Catholic Church Abuse Case May Finally Be Settled
Wisconsin Public Radio
Milwaukee's Rancorous Catholic Church Abuse Case May Finally Be Settled
Rev. Robert H. Schuller, pastor of the Crystal Cathedral in Garden Grove, Calif., speaks at the church in 1996. Schuller, who hosted the top-rated Hour of Power telecast for decades, died Thursday at age 88. Michael Tweed/AP hide caption
Antoine Walker took a lot of 3-point shots during his NBA career, despite hitting them at a subpar rate. He also went bankrupt two years after retiring, despite collecting $110 million in salary during his playing career. Jim Bourg/Reuters/Corbis hide caption
The Detroit skyline as seen from Windsor, Ontario, across the Detroit River. Rebecca Cook /Reuters/Landov hide caption
A portion of downtown Detroit along the Detroit river. Bill Pugliano/Getty Images hide caption
Reader's Digest's parent company has filed for bankruptcy protection. Justin Sullivan/Getty Images hide caption
Stock up now. Scott Olson/Getty Images hide caption
The Northern Mariana Islands: white sand, blue water and huge pension liabilities. ctsnow/Flickr hide caption
The Northern Mariana Islands: white sand, blue water, and huge pension liabilities. Boltty Studio/Flickr hide caption