Notes |
"During his tenure, he oversaw the largest and most complicated municipal bankruptcy proceeding in the nation's history. As a result of that proceeding, the city successfully restructured $18 billion in debt, reduced overall debt by $7 billion, developed and implemented a multiyear $1.7 billion revitalization plan for city services and operations, streamlined key city operations, helped improve public safety, put the city's art in a perpetual public trust, and avoided drastic cuts to pension and related retiree benefits" |