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Michigan Gov. Rick Snyder, Detroit EFM Kevyn Orr on Detroit Bankruptcy
Автор: PBS NewsHour
Загружено: 2013-07-19
Просмотров: 5594
Описание:
The city of Detroit filed for Chapter 9 bankruptcy Thursday afternoon, becoming the largest American city to do so. Four months ago, Michigan Republican Gov. Rick Snyder appointed Washington bankruptcy expert Kevyn Orr the city's emergency financial manager, but with the city $18 billion in debt, Orr didn't see a clear path out of the city's fiscal hole. Snyder and Orr are holding a press conference this morning to provide more details about the filing.
Editor's note: Due to technical difficulties, the top of the press conference was cut off.
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