A view of deteriorating buildings at a former Packard plant, seen along West Grand Avenue in Detroit, Michigan October 25, 2013. Detroit was operating on a "razor's edge" and had no options to avoid ... more 
A view of deteriorating buildings at a former Packard plant, seen along West Grand Avenue 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 CITYSCAPE) less 
1 / 30
Reuters | Photo By JOSHUA LOTT / REUTERS
Fri, Oct 25, 2013 7:32 PM EDT