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DETROIT, March 14 (Reuters) – Michigan Governor Rick
Snyder’s selection for emergency financial manager of Detroit
said on Thursday that he is hopeful for a quick turnaround of
the cash-strapped city.
“My contract runs from 12 to 16 months,” Kevyn Orr, a
partner at the Washington, D.C. law firm of Jones Day, told
Reuters in an interview. “But I’m hoping to get this job done
quicker. I’ll be here as long as it takes. I’m committed.”
“Hopefully (bankruptcy is) not imminent at all,” Orr said.
