
Micheline Maynard
Micheline Maynard, an author and veteran Detroit business journalist, contributres a checklist at Forbes of who gains and who feels pain when Detroit comes under emergency financial management.
Excerpts summarize the predictions:
Winners
- "People who are dedicated to Detroit and against all the odds, want to see the city healed. . . . An emergency manager will finally be looking out for their interests."
- Dan Gilbert, who "stands to gain from even the tiniest upward tick in rents and property values."
- Chrysler and GM. "Their support of Detroit is going to look even smarter once some fiscal repairs can be made."
Losers
- Ruin pornographers. "At least there may be something else to say about the Motor City."
- Battling officials "who got in the way."
Read more:
Forbes