Kevyn Orr, "a high-powered Washington, D.C., lawyer and University of Michigan graduate who worked on Chrysler's 2009 bankruptcy restructuring," has been given the job of straightening out the city of Detroit's desperate financial mess, the Detroit Free Press writes.
Michigan Gov. Rick Snyder (R), who earlier this month declared that the city is in a financial emergency, tapped Orr with the job Thursday.
In a small public-TV studio before an invitation-only audience of 30 people, Michigan Gov. Rick Snyder made his case Friday for taking control of Detroit's finances away from the city's elected officials.
The state's signature city is grappling with a declining population, a dwindling tax base and decades of mismanagement — including corruption so pervasive at times that former Mayor Kwame Kilpatrick is currently on trial for federal racketeering charges.