- Posted November 12, 2014
- Tweet This | Share on Facebook
Governor names board to keep eye on Detroit finances
LANSING (AP) - Gov. Rick Snyder has named members of a nine-person state board that will oversee Detroit's finances post-bankruptcy.
The Detroit Financial Review Commission will first meet today. The board was created as a condition for Michigan committing $195 million toward ending the city's bankruptcy.
Among those named to the commission Monday are former University of Michigan athletic director Bill Martin.
Others appointed by Snyder are Darrell Burks, former senior partner at PricewaterhouseCoopers; Stacy Fox, senior vice president and general counsel with chemical industry giant DuPont; Lorron James, vice president with the James Group International; and Tony Saunders, ex-emergency manager of Benton Harbor.
Under Michigan law, others on board are state Treasurer Kevin Clinton, budget director John Roberts, Detroit Mayor Mike Duggan and City Council President Brenda Jones or their designees.
Published: Wed, Nov 12, 2014
headlines Oakland County
- Annual Dinner & Meeting
- FORCE Team arrests six in prolific auto theft ring
- Michigan allocates $12 million to support community-based organizations in advancing environmental and climate justice
- Oakland County and SMART launch pilot program providing free transit for veterans and dependents
- Supreme Court sides with the Consumer Financial Protection Bureau
headlines National
- More lawyers—and clients—want to learn about sustainable development practices
- Top artificial intelligence insurance tips for lawyers
- Lawyer charged with illegally transmitting Michigan data after 2020 election
- Viral video shows former Rikers Island inmate as she learns she passed bar exam on first try
- How Sullivan & Cromwell is scrutinizing potential new hires after campus protests
- No separate hearing required when police seize cars loaned to drivers accused of drug crimes, SCOTUS rules