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Finding $816 Million, and Fast, to Save Detroit
Keywords:
How Darren Walker and other heads of foundations saved Detroit in 2014.
Detroit turns to foundations to emerge from bankruptcy- Darren Walker of the Ford Foundation, Detroit and the idea of not giving up on American cities
11/07/2014
Grouped Articles
Finding $816 Million, and Fast, to Save Detroit
New York Times 11/07/2014
Detroit Emerges from Bankruptcy but Pension Risks Linger
New York Times 11/11/2014
‘Grand Bargain’ Saves the Detroit Institute of Arts
New York Times 11/07/2014
Plan to Exit Bankruptcy Is Approved for Detroit
New York Times 11/07/2014
The remarkable role of Judge Rhodes and Chief Mediator Judge Rosen in the art for pensions deal of the Detroit bankruptcy case
02/15/2014
Judge Rosen is given credit for coming up with an innovative solution of having the nation's biggest foundations such as the Ford Foundation come up with $370 million to help keep open the Detroit Museum of Art and pay city pensions.
Grouped Articles
Mediator in Detroit Bankruptcy Walks Fine Line Between City, Creditors
Wall Street Journal 02/15/2014
Detroit files plan to fix debt, leave bankruptcy - The Washington Post
Washington Post 02/22/2014
Detroit's Broken Buses Vex a Broke City
Wall Street Journal 03/19/2014
Detroit WIns Judge's Nod for Contract Settlement
New York Times 04/11/2014
Wall Street Journal 04/25/2014
$200 Million Could Curb Pension Cuts in Detroit
New York Times 05/22/2014
Reviving Detroit- Darren Walker of the Ford Foundation and not giving up on American cities
02/15/2014
The Ford Foundation was founded in Detroit in 1936, the Knight Foundation also has roots in the city. Both foundations donated the money needed to revive Detroit in 2014. The state of Michigan under Governor Snyder also acted with exceptional courage and wisdom to save the floundering city after a decade of collapsing infrastructure and services. The state acted responsibly by obtaining a supervisory role over the city's troubled finances. With all the surrounding atmosphere and talk of Republican deadlock with Democrats in the White House and Congress, Snyder, Walker, Judge Rosen, and others showed rare wisdom and courage to come together for innovative solutions.
Linked Articles
Finding $816 Million, and Fast, to Save Detroit
New York Times 11/07/2014
Mediator in Detroit Bankruptcy Walks Fine Line Between City, Creditors
Wall Street Journal 02/15/2014
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