With the city of Detroit edging closer to bankruptcy, check out these cities that have already gone broke.
In decline for decades now, the city of Detroit is edging closer to becoming the largest U.S. municipality to declare bankruptcy. Check out these other cities that have gone broke in recent months, according to CNBC and The Atlantic Cities.
Enrique Castro-Mendivil / Reuters
St. Louis nearly burns to the ground, the first Kentucky Derby is held, the Supreme Court strikes down segregated schools, the Senate Watergate Committee begins televised hearings, and same-sex marriages begin in Massachusetts, all on this day.