Thursday, February 19, 2015
Saturday, January 17, 2015
Monday, April 7, 2014
Detroits Cramdown of Oakland and Macomb Counties.
"The solution that Detroit emergency manager Kevyn Orr favors is best for all players: an authority that would give the suburbs a say in the way the system is managed, and give the city much-needed cash for relinquishing its ownership." What we'd lose by privatizing Detroit's water system, Detroit Free Press, April 6, 2014Throw much of the blame onto Kevyn Orr and Rick Snyder who Mr. Orr reports to. We are getting very close to Orr's tenure as EM ending and this issue, and the DIA, are still hanging out in the wind. Orr should have been cooperating more with the counties to get this issue resolved.
Friday, April 4, 2014
Wednesday, April 2, 2014
DIA Art: Who Owns It And What is it Worth
I am taken back by the fact that creditors, including pensioners, are about to be asked to vote on Detroit's bankruptcy plan when no one has clarified how much of the art work at the DIA is owned by the city and how much it is worth.
Further, no one has put a value on the Detroit Water and Sewage Department and there is no resolution as to who will be operating the DWSD.
It is like buying a pig in a poke. Who should be blamed for this? This really messes up the report card on how the bankruptcy has been handled..... http://lstrn.us/1du5mxI
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