Images from 
The Conventions of Privatization:  Selling Cobo Center
Images from 
The Conventions of Privatization:  Selling Cobo Center
Cobo hosts activities ranging from Ted Nugent's New Year's Eve "Whiplash Bash" to business conventions and does so at a loss - every year. Indeed, Cobo operations have required an annual average subsidy of $9.1 million since 1980.