Detroit has become the largest city in U.S. history to be placed under the supervision of an emergency manager. Lawyer Kevyn Orr was appointed on Thursday by Michigan Gov. Rick Snyder. Governor Snyder told the media that the state is intervening in Detroit because the city’s finances have reached “a true crisis point.”
Orr is a bankruptcy lawyer who helped Chrysler, one of Detroit’s automakers, restructure its finances after it went bankrupt in 2009. In his new role, he has broad powers to control all city spending.