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Edward L.
It’s far too early to say Detroit is on the way back; its property values are still falling and its debt is still rated as speculative. But as he approaches the midpoint of a four-year term, Mayor Dave Bing is pointing to signs that the city’s breathtaking decline may have bottomed out. A few big companies, like Blue Cross Blue Shield of Michigan, General Motors and Quicken Loans, have agreed to move several thousand employees downtown, and more are expected to follow.
