Detroit lost a million-dollar check

Traffic moves along a street February 24, 2013 in Detroit, Mich.

Our final note today is about Detroit. We've talked a lot about it on this show, about how the city gets out of bankruptcy.

Here's another peek into the Detroit's dysfunction: It turns out that earlier this year the city lost a million-dollar check.

The school system sent the check to the city. It got put in a drawer at City Hall. And didn't turn up for a month.

They didn't wire the money because Detroit doesn't have the technology to do that. Its financial systems are about 30 years out of date.

About the author

Lizzie O'Leary is the new host of Marketplace Weekend.

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