State May Oversee Detroit's Finances
New York Times
Published: December 5, 2012. The City of Detroit, straining to manage its debts and meet its payroll, may be nearing circumstances dire enough to require a state-appointed emergency financial manager, Michigan officials cautioned city leaders this week.
Detroit Emergency Financial Manager, State Appointee, Could Be On The Way
State treasurer's office: Emergency manager still option for Detroit
Detroit under review for emergency financial manager