No Back-up Needed: How Veteran New York City Cops Struggled Through The Summer of 1975, When New York City Went Broke
by James J. Kavanaugh
It didn't seem possible the largest city in the US could go bankrupt, but in 1975 that's exactly what happened--NYC went bust. In what was called The Layoff Period, younger officers were sent home, their careers on hold, while NYPD veterans went back to patrol the streets. Meanwhile, with the thin blue line stretched to the breaking point, life as usual went on in the Big Apple.