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Web Editors' Choice 2013

By The Editors - 2013-12-24T19:48:39Z

Photograph by Christopher Morris/VII for Bloomberg.com 

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Detroit's Divided Highways

Call it two tales of one city. Earlier this year, Detroit slid into the largest municipal bankruptcy in U.S. history, hampered by diminished tax revenue, rising labor costs and urban flight. Detroit’s filing of the $18 billion bankruptcy capped years of mounting dysfunction and diminishing government services. Accounting computer systems are so antiquated that income-tax receipts are processed by hand and a $1 million check was lost. Departments have been gutted, including the Police Department’s animal-control unit, which Bloomberg’s Chris Christoff profiled in August. As many as 50,000 stray dogs now roam the city’s streets

Not all of the Motor City’s engines have seized. After General Motors Co. and Chrysler Group LLC went bankrupt and Ford Motor Co. struggled, Detroit's Big Three have returned to profitability and fielded their best fleets in decades. Bloomberg’s Keith Naughton chronicled Detroit’s car comeback through the prism of Chrysler’s Jefferson North plant, which is the only plant entirely within city limits. It’s the story of the company’s rebound from Chapter 11, told in 11 chapters. 

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