People stand outside the Coleman A. Young Municipal Center in Detroit, Michigan December 3, 2013. Detroit is eligible for the biggest municipal bankruptcy in U.S. history because the city is broke and... more 
People stand outside the Coleman A. Young Municipal Center in Detroit, Michigan December 3, 2013. Detroit is eligible for the biggest municipal bankruptcy in U.S. history because the city is broke and negotiations with its thousands of creditors were unfeasible, a federal judge said on Tuesday in a wide-ranging ruling that also said the city could cut retiree pensions. REUTERS/Joshua Lott (UNITED STATES - Tags: CRIME LAW BUSINESS POLITICS) less 
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Reuters | Photo By JOSHUA LOTT / REUTERS
Tue, Dec 3, 2013 4:51 PM EST