Detroit pitch for Amazon: We’ve already been to bankruptcy court
Crain’s Detroit BusinessIn the process of that historic and tumultuous 17 months in 2013 and 2014, Detroit dumped $7 billion in liabilities in bankruptcy court.
There’s really no telling what Amazon CEO Jeff Bezos really wants in the city that will host his online retail company’s second North American headquarters.
But if he’s looking for a city in the Rust Belt that has already confronted its unfunded 20th century promises to municipal workers, some Detroit leaders think they’ve got a distinct advantage over rival northern cities, especially debt-ridden Chicago and the state of Illinois.