A “Grand Bargain” dreamed up by a federal judge and funded by a covey of foundations has helped to rescue the city of Detroit from bankruptcy and $18 billion in debts. Now comes the hard part: rebuilding the public’s trust in government and the schools, repairing frayed relations among various racial and other groups, and wooing new residents, businesses and investors. That means changing people’s perceptions about Detroit, making people believe that it is the place to be, rather than to flee. How journalists portray Detroit as it emerges from bankruptcy will have a big impact on the public’s perceptions, not just locally, but nationally as well.
Blog / bankruptcy
Renaissance Journalism has played a key role in organizing a bold, collaborative effort by nine news organizations to provide ongoing coverage of the financial crisis that has engulfed the city of Detroit and other public agencies in Michigan.