Detroit gets new financial manager

14 March 2013 Last updated at 21:59 ET Help

An emergency financial manager with wide-ranging powers has been appointed for the troubled US city of Detroit, in the biggest state takeover for years.

Kevyn Orr, a lawyer who worked on restructuring the carmaker Chrysler after bankruptcy, will be able to override elected officials.

The city is running a $300m (£200m) deficit and has debts of some $14bn.

James Kelly reports.

Read More

BBC © 2013 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.