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Analysis: Stuck in reverse, Detroit edges closer to bankruptcy

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Photographer
REBECCA COOK

Vacant and blighted homes are seen in a once vibrant east side neighborhood in Detroit, Michigan January 27, 2013. REUTERS/Rebecca Cook

Vacant and blighted homes are seen in a once vibrant east side neighborhood in Detroit, Michigan January 27, 2013. REUTERS/Rebecca Cook
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Photographer
REBECCA COOK

A vacant and blighted home, covered with red spray paint, sits alone in an east side neighborhood once full of homes in Detroit, Michigan January 27, 2013. REUTERS/Rebecca Cook

A vacant and blighted home, covered with red spray paint, sits alone in an east side neighborhood once full of homes in Detroit, Michigan January 27, 2013. REUTERS/Rebecca Cook
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Photographer
REBECCA COOK

Vacant and blighted homes are seen in a once vibrant east side neighborhood in Detroit, Michigan January 27, 2013. REUTERS/Rebecca Cook

Vacant and blighted homes are seen in a once vibrant east side neighborhood in Detroit, Michigan January 27, 2013. REUTERS/Rebecca Cook
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Photographer
REBECCA COOK

Spray paint on the front of a vacant and blighted home says the gas and water utilities have been turned off in a once vibrant east side neighborhood in Detroit, Michigan January 25, 2013. REUTERS/ Rebecca Cook

Spray paint on the front of a vacant and blighted home says the gas and water utilities have been turned off in a once vibrant east side neighborhood in Detroit, Michigan January 25, 2013. REUTERS/ Rebecca Cook
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Photographer
REBECCA COOK

A row of vacant and blighted houses are seen in a once vibrant east side neighborhood in Detroit, Michigan January 22, 2013. REUTERS/Rebecca Cook

A row of vacant and blighted houses are seen in a once vibrant east side neighborhood in Detroit, Michigan January 22, 2013. REUTERS/Rebecca Cook
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