Following U.S. Bankruptcy Judge Steven Rhodes' decision to approve Detroit's proposed restructuring plan to emerge from bankruptcy, top officials involved in the process spent the better part of an hour congratulating one another on a job well done.
That kind of attaboy! mentality carried over into the weekend, when one of the city's restructuring consultants, Conway MacKenzie, felt it was an appropriate time to take out an ad in the Sunday edition of The New York Times to tout the firm's services. The city, it's worth noting, reportedly paid Conway $17.2 million for its efforts.
With that in mind, recently-reelected Macomb County Executive Mark Hackel has no idea why the moment was deemed cause for celebration. From The Macomb Daily:
Hackel took issue with the lack of mention of those who were impacted by proceedings, specifically pensioners and suburban water users. Most Macomb County municipalities are hooked into the water and sewer system previously owned and operated by Detroit. They will now be serviced by the Great Lakes Water Authority, an entity that Hackel says was “forced” on the suburbs, which will have a vote on a regional board.
“It should be a lesson learned, not a celebration,” Hackel said of the response officials had to Rhodes’ ruling. “This was all contrived. A lot of people suffered as a result of this.”