In an interview with Reuters news agency, Detroit’s Emergency Manager Kevyn Orr says the city’s bankruptcy process has convinced him not to ever run for public office. “This has erased any political aspirations, dead or barely alive, that I ever had, and I was a political science major,” Orr said. “This has done me in.”
Orr, a Florida native, attended University of Michigan for undergraduate work and then returned to Ann Arbor for law school. His legal career, focused in private bankruptcy work, included time at the Resolution Trust Corp., the federal agency that worked on the aftermath of the savings and loan crisis of the 1980s. Orr also was chief counsel during the Whitewater investigation that had links to former President Bill Clinton and former U.S. Senator and Secretary of State Hilary Clinton and he represented Chrysler Corp. during its financial troubles.
But Orr tells Reuters the Detroit Chapter 9 case will likely be his last municipal bankruptcy. His plans after he wraps up in Detroit? “A long vacation on a warm island” with his wife.