Detailed text transcripts for TV channel - FOXNEWS - 20130729:02:54:00
All assets to city council and a deal of this magnitude, we thought we need to take our time and make sure it was advantageous to the city of detroit. >> you can't find other ways. you're out of money. >> well, there are ways right now. fortunately we have a emergency manager and we're looking to possibly sell assets, not the first priority, looking to slash our employee ranks and pension system and negotiating bond debt. everything is on the table right now. we have to stop losing money and begin to move the city forward and become financially solvent so we can be a thriving city again. >> wh...
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