Conflicts of interest in ‘restructuring’ choices
In a move that appears to only guarantee his own salary, Mayor Dave Bing jumped on the emergency financial manager (EFM) bandwagon within days of Gov. Rick Snyder’s March 1 proclamation that Detroit is in a financial crisis. His first decision, as he tries to move the city down the EFM path, was the announcement that Jones Day, the Cleveland-based mega law firm, will provide legal services for the city’s re ...
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