Former Detroit Schools Emergency Manager who increased debt by 50% being paid a quarter million dollars to rescue Virginia city
When Robert Bobb was appointed to be the Emergency Financial Manager for Detroit Public Schools in 2009, the district was $219 million in debt. When he left two years later, the debt had ballooned by 50% to $327 million. This is one of the legacies of Emergency Management in Michigan. Another of the legacies is that people who failed colossally […]
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