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Word: detroits (lookup in dictionary) (lookup stats)
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Another popular argument against bondholders is that they made bad investment choices, so their steep losses are well deserved. But union leaders in Detroit negotiated the richest benefits packages of any industry - GM's health-care outlays grew so big that one Wall Street analyst dubbed the company "an HMO on wheels" - and that played some role in the declining competitiveness of GM and Chrysler. Don't the autoworkers and their union leaders bear some responsibility for that...

Author: /time Magazine | Title: Could Creditors Scuttle a GM Deal Like Chrysler's? | 4/30/2009 | See Source »

...pictures of Detroit's decline...

Author: /time Magazine | Title: Could Creditors Scuttle a GM Deal Like Chrysler's? | 4/30/2009 | See Source »

...picture-perfect New York City moment, and it's only after the director yells "Cut!" that you'd notice that the façade over Gallagher's right shoulder is in fact the 100-year-old Ford Building in downtown Detroit. This scene, along with every other from the legal drama Betty Anne Waters, starring Hilary Swank, is being filmed in Michigan, the new Hollywood of the Midwest...

Author: /time Magazine | Title: Postcard from Detroit | 4/30/2009 | See Source »

With two of the Big Three automakers on the verge of collapse and Detroit's unemployment rate a staggering 22%, the film industry is providing a rare economic boom. Community colleges now offer courses in set-building and stage-lighting for the out-of-work construction workers and electricians. Car-rental companies, caterers, hotels, carpenters, dry cleaners and other service providers are all getting a needed boost. In the suburb of Troy, 20 miles (32 km) north of Detroit, one hotel was getting ready to cut staff when Gran Torino came to town. Instead of laying people off, the hotel...

Author: /time Magazine | Title: Postcard from Detroit | 4/30/2009 | See Source »

...Even on that front, however, the state has cooperated; after three months of record-high snowfall, the eight weeks of production were precipitation-free. Still, on a frigid first day of spring, it's not hard to spot the Los Angeles - based crew members working the shoot on these Detroit streets. They're the ones huddled in their matching parkas, shivering...

Author: /time Magazine | Title: Postcard from Detroit | 4/30/2009 | See Source »

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