Find the latest episode of "The Uncertain Hour" here. Listen
Final Note

Resignation to signal end of a rocky era for Detroit

Kai Ryssdal Dec 9, 2014
HTML EMBED:
COPY
Final Note

Resignation to signal end of a rocky era for Detroit

Kai Ryssdal Dec 9, 2014
HTML EMBED:
COPY

Detroit emergency manager, Kevyn Orr, is expected to resign at a press conference scheduled for Wednesday morning.

Orr is responsible for putting Detroit into – and getting it out of – the biggest municipal bankruptcy this country has ever seen.

After adjusting $18 billion worth of debt, Detroit will end this fiscal year in the black.

Marketplace is on a mission.

We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.

Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?

Your donation is critical to the future of public service journalism. Support our work today – for as little as $5 – and help us keep making people smarter.