Smoke and flames rise from a deteriorating building at a former Packard plant in Detroit, Michigan October 25, 2013. Detroit was operating on a "razor's edge" and had no options to avoid running out ... more 
Smoke and flames rise from a deteriorating building at a former Packard plant in Detroit, Michigan October 25, 2013. Detroit was operating on a "razor's edge" and had no options to avoid running out of cash and filing bankruptcy, the city's top adviser testified on October 24, 2013 in a trial to determine whether the city is eligible to file the largest municipal bankruptcy in U.S. history. REUTERS/Joshua Lott (UNITED STATES - Tags: REAL ESTATE BUSINESS POLITICS) less 
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Reuters | Photo By JOSHUA LOTT / REUTERS
Fri, Oct 25, 2013 7:29 PM EDT