Detroit's EM postpones bus tour for city creditors - FOX 10 News | myfoxphoenix.com

Detroit's EM calls off bus tour for city creditors

Posted: Updated:
Detroit Emergency Manager Kevyn Orr Detroit Emergency Manager Kevyn Orr
DETROIT, Mich. (WJBK) -

Emergency Manager Kevyn Orr is asking Detroit's creditors to accept a lot less than what they are owed. Wednesday, he planed to show them why.

"We had a couple buses ready to go," said Bill Nowling, the emergency manager's spokesperson. "We wanted them to see what a blighted neighborhood looks like. We wanted them to ride on a bus that most Detroiters rely on for transportation to get to school, to work."

More than 30 Wall Street bankers would have boarded Detroit city buses and rode along streets such as Grand River, Gratiot and into neighborhoods like Brightmoor, Detroit's east side and southwest Detroit.

However, just a day before their tour, the creditors passed.

"One of the reasons was that they wanted to spend more time looking at the city's books and doing their due diligence," Nowling said. "Some had expressed concern about the media hype around the tour."

"We're still willing to do it if they're willing to do it, and the emergency manager certainly encourages them to drive around the city to see the challenges."

Orr will be meeting with creditors on Wednesday.

  • Local NewsLocal NewsMore>>

  • Michigan girl mauled by racoon receives wave of support

    Michigan girl mauled by racoon receives wave of support

    Tuesday, July 29 2014 4:52 PM EDT2014-07-29 20:52:22 GMT
    She told us all she wanted was to wear earrings -- and now she's got a lot of options. We'll show you how Charlotte is healing after surgery to replace her ear... and how you've made a difference. Her story includes a tragic accident, but also a tremendous outpouring of support. The 12-year-old girl from western Michigan who was attacked by a raccoon, shows us how the generosity of others is helping her heal. "This is all the jewelry people sent me," she said. Dozens of pairs of earrings and ...
    She told us all she wanted was to wear earrings -- and now she's got a lot of options. We'll show you how Charlotte is healing after surgery to replace her ear... and how you've made a difference. Her story includes a tragic accident, but also a tremendous outpouring of support. The 12-year-old girl from western Michigan who was attacked by a raccoon, shows us how the generosity of others is helping her heal. "This is all the jewelry people sent me," she said. Dozens of pairs of earrings and ...
  • Funeral arrangements set for murdered Armada teen

    Funeral arrangements set for murdered Armada teen

    Tuesday, July 29 2014 4:36 PM EDT2014-07-29 20:36:17 GMT
    Funeral arrangements have been set for the 14-year-old murdered in Armada last week. Meanwhile, investigators are still looking for a suspect.
    Funeral arrangements have been set for the 14-year-old murdered in Armada last week. Meanwhile, investigators are still looking for a suspect.
  • Fire from lightning strike devastates Roseville church

    Fire from lightning strike devastates Roseville church

    Tuesday, July 29 2014 12:10 PM EDT2014-07-29 16:10:35 GMT
    A raging fire happens in Roseville and of all places to be struck by lightning - the steeple of the New Life Church of God in Christ.Pastor Darrell Moore and his family are devastated."I got here and I found out I really didn't have a church anymore, " he said. Moore was attending a Sunday evening service at another church, when a member of new life called him repeatedly. When he finally answered, it was bad news."The fire department was here, there was water everywhere," said Mary Moore, mot...
    A raging fire happens in Roseville and of all places to be struck by lightning - the steeple of the New Life Church of God in Christ.Pastor Darrell Moore and his family are devastated."I got here and I found out I really didn't have a church anymore, " he said. Moore was attending a Sunday evening service at another church, when a member of new life called him repeatedly. When he finally answered, it was bad news."The fire department was here, there was water everywhere," said Mary Moore, mot...
Powered by WorldNow

KSAZ-TV & KUTP
511 W. Adams St.
Phoenix, AZ 85003

Phone: (602) 257-1234
Fax: (602) 262-0177

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices