WDAY: The News Leader

Published March 15, 2013, 12:00 AM

Detroit Skyline

The skyline of the city of Detroit is shown Thursday, March 14, 2013. Gov. Rick Snyder announced that he has chosen Kevyn Orr, a partner in the Cleveland-based law and restructuring Jones Day firm, as Detroit's emergency manager. Snyder's already declared a financial emergency in Detroit, saying local officials lacked a plan to solve it. The move makes Detroit the largest city in the U.S. to have its finances placed under state control. (AP Photo/Paul Sancya)
Read the article: Detroit emergency manager warns against bankruptcy