Quote Originally Posted by 313WX View Post
The thing is, the reason Orr was appointed in the first place was to prevent Detroit from filing for bankruptcy.
Where do you get that from? Mr. Orr was appointed to manage one of two processes: get Detroit on the path to fiscal sustainability without bankruptcy, if possible [[it isn't), or put Detroit in the most favorable position possible to go through a municipal bankruptcy in the minimum possible time with the least amount of disruption.

At no time did any responsible person fantasize that Mr. Orr would, with any degree of certainty, be able to "prevent" bankruptcy. Detroit is already insolvent, and has been for a very long time. Bankruptcy is just the act of getting a court to admit that you are insolvent; it is a declaration of an existing fact, which then opens up new avenues of solution which would have previously been unavailable.

I will be pleased, but shocked, if Mr. Orr is able to manage the City's way out of this mess without resort to the courtroom.