Kokomo, Indiana: From auto town to ghost town?


Precisely 46,113 people lived in Kokomo, Indiana as of the last census. If Chrysler and car parts supplier Delphi go belly-up, almost one in four of them will lose their jobs, adding to the already burdensome 20 percent unemployment. As one auto worker told CNNMoney.com, "If we go down, the whole town goes down."

These are well-paying jobs, too, providing the money that turns over many times and passes through many hands before it leaves Kokomo. From the restaurants to the beauty salons, golf courses to the theater, in a company town everyone lives and dies by the company payroll.