MLive: March 4, 2013
The Detroit Regional Chamber says it supports Gov. Rick Snyder’s decision to appoint an emergency financial manager for the city of Detroit, saying such an appointee would be able to make “quick and difficult decisions that have eluded city government.” Snyder announced his decision to appoint an emergency financial manger for the city Friday at Wayne State University.
Continue ReadingDetroit Regional Chamber president and CEO Sandy Baruah talks with WJR 760’s Paul W. Smith about the 2013 Detroit Policy Conference. Original air date: March 1, 2013.
Continue ReadingThe New York Times: March 1, 2013
DETROIT — Over the fierce protests of this city’s elected leaders, the State of Michigan plans to send an emergency manager to repair the deeply troubled finances of Detroit, one of the largest cities ever to reach such a dire point or to face such a level of oversight. “There is probably no city that is more financially challenged in the entire United States,” Gov. Rick Snyder said on Friday as he explained why he had deemed Detroit’s woes too fundamental, too lasting and too large to be solved by the city itself.
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