The White Stripes: The Sweetheart Deal

"SPERAMUS MELIORA; resurget cineribus" – the motto of the city of Detroit translates as "We hope for better things; it will rise from the ashes". Uttered, legend has it, by Father Gabriel Richard, co-founder of the University of Michigan, as he surveyed the destruction wreaked by a dreadful fire in 1805, these words have rung true for successive generations.