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Detroit EFM Starts Work Today

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Lawyer Kevyn Orr (C) addresses the media, as Detroit Mayor Dave Bing (L) and Michigan Governor Rick Snyder listen, after Snyder announced Or
Lawyer Kevyn Orr (C) addresses the media, as Detroit Mayor Dave Bing (L) and Michigan Governor Rick Snyder listen, after Snyder announced Or

Detroit’s new emergency financial manager begins work today in that city.  Kevyn Orr will meet with Mayor Dave Bing today and begin work on fixing the city’s finances. Detroit has no plan right now to make $1.9 billion in debt payments the next five years.

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