Going broke: Bankrupt municipalities

POSTED: 11:56 AM EDT Jul 11, 2012    UPDATED: 01:45 PM EST Nov 07, 2014 
Pile of coins

A federal judge on Friday approved Detroit's 16-month-long plan to emerge from the largest bankruptcy in U.S. history, WDIV reported. Take a look at all the U.S. cities that have gone broke.