Listed in Detroit's assets for the bankruptcy is the Detroit Museum of Art's collection valued at $2.5 BILLION.

I grew up in Detroit in the 60's it was a great city back then.

Detroit was founded by French explorer Antoine de La Mothe-Cadillac in 1701. So, Detroit lasted 1701- 1978, when it died as far as I am concerned -- with the Chapter 9 Bankruptcy filling this past week is just is the "death certificate" delayed a bit.