+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Six Legendary Times States Had To Commandeer Their Own Cities

Mar 2, 2013, 19:05 IST

On Friday, Michigan Gov. Rick Snyder announced a state of emergency in deficit-plagued Detroit and would move to appoint a city manager to take control of the city's finances.

Advertisement

It's a bad situation.

But it's not the first time in American history something like this has happened.

We went to look at six infamous moments where major American cities ceded control of their operations to their states.

In most cases, the cities had no recourse to bankruptcy. In one case, there was a war on.

Advertisement

If there is any lesson, it's that cities are incapable of learning from their sisters' mistakes.

So this list will almost certainly need to be updated in the future.

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article