1.0 link 145060 <![CDATA[Detroit's Day of Reckoning (with Thanks to David Halberstam)]]> http://www.huffingtonpost.com/steve-parker/detroits-day-of-reckoning_b_145060.html Well, it looks like the jig is up, the party's over, the lights are out and Detroit has left the building.

And instead of a $25 or $50 billion golden goose, it appears Chapter 11 bankruptcy, which allows a company to stay in business while they reorganize with a government overseer, seems to be where the Detroit Three are headed.

Today, predictably and correctly, the heads of the Detroit Three are being raked over the coals -- again -- not only for...

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