Detroit - A lesson for us all
In asset management we frequently discuss the balance of funding services and infrastructure. It is a balancing act that needs to be managed with caution. Many people consider that the theory is just that and then there was the City of Detroit. Detroit declared Chapter 9 bankruptcy July 17, 2013. But this did not happen overnight; it was a long-term affair.
ASSET MANAGEMENT
Alexander Muir
2/27/20261 min read
In asset management we frequently discuss the balance of funding services and infrastructure. It is a balancing act that needs to be managed with caution. Many people consider that the theory is just that and then there was the City of Detroit.
Detroit declared Chapter 9 bankruptcy July 17, 2013. But this did not happen overnight; it was a long-term affair.
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Detroit – A lesson for us all
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