Michigan Governor acknowledged the closeness of Detroit into bankruptcy

Detroit is in a "financial emergency" and is close to bankruptcy. This was announced by Michigan Gov. Rick Snyder, reports Huffington Post. Now, Mayor Dave Bing has 10 days to make a new rescue plan for city finances, or Snyder appoint an emergency manager

According to the governor, Detroit‘s financial position is worse than that of any other U.S. city. He added that the position of interim city manager he already has several candidates.

The most likely candidate Snyder described as a man with a very good professional resume. In turn, Bing said that in the

Continue reading Michigan Governor acknowledged the closeness of Detroit into bankruptcy

Michigan Governor acknowledged the closeness of Detroit into bankruptcy

Detroit is in a "financial emergency" and is close to bankruptcy. This was announced by Michigan Gov. Rick Snyder, reports Huffington Post. Now, Mayor Dave Bing has 10 days to make a new rescue plan for city finances, or Snyder appoint an emergency manager

According to the governor, Detroit's financial position is worse than that of any other U.S. city. He added that the position of interim city manager he already has several candidates.

The most likely candidate Snyder described as a man with a very good professional resume. In turn, Bing said that in

Continue reading Michigan Governor acknowledged the closeness of Detroit into bankruptcy

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