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Tag Archives: Detroit Financial Crisis
Ideological Prisons: Detroit
I am back, after a brief respite. The unfolding story in Detroit has been of great interest to me, and although there is far to go before the final resolution the chorus of those on both sides of the political … Continue reading
Posted in Municipal Finance, National News
Tagged Attorney Kevyn Orr, Detroit Financial Crisis
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Privatization Coming to Detroit
Detroit’s long slide into the financial abyss has been a function of local government trying to paper over serious financial problems, and refusing to implement solutions that make financial and operational sense. The economic factors that created some of the … Continue reading
Detropia- PBS Looks at Detroit
A PBS film on Detroit, and what is happening to it, and how it is impacting some of its people, tonight at 10:00 p.m. on PBS. Worth a look. http://dgjigvacl6ipj.cloudfront.net/media/swf/PBSPlayer.swf Watch Coming to Independent Lens: Sundance Award Winner Detropia on … Continue reading
Panic in Detroit Part Two
The Emergency Manager in Detroit, Kevyn Orr, just released his first report as E.M., painting a bleak picture of Detroit’s current financial status.This report was mandatory, with Orr going through some of the details found in his very short tenure … Continue reading
Posted in Municipal Finance, National News
Tagged Attorney Kevyn Orr, Detroit Financial Crisis
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The New Emergency Financial Manager in Detroit
Detroit is entering new financial territory, with Governor Rick Snyder naming a new “Emergency Financial Manager” for the City, with Attorney Kevyn Orr being named by the Governor. Attorney Orr is a lawyer with the firm of “Jones Day”, and … Continue reading
Panic in Detroit
The City of Detroit is careening towards a state appointed receiver, with Michigan Governor Rick Snyder announcing his intent to make that appointment. Mayor Dave Bing has announced that he will not join the City Council in fighting the process, … Continue reading
