Page 7 - Mark Ash News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The u.n. says it is in violation of the human rights to turn off water for people who can't afford to pay. former advisor to the city of detroit mark ash joined us earlier saying things are not always what they seem. what happened was when the city began to move forward to turn off water for people who had not paid their bills in month a miracle occurred. the next day at the they walked down to the department with a bagful of money and paid their bills. >> the water department makes up 28% of the city's debt. crowning glory short lived. miss florida dethroned after six days because of a voting...

Been able to pull together a couple of table scraps. if it walks like a duck and talks like a duck. it's a bailout. >> so do you think that this money is going to go and do actually any good work? how many billions of dollar of debt is the city? sounds like to me just a drop in the bucket. >> there is no question that's the case. the city is $18 billion in debt. you know, we used to look across america and you would watch people standing in cities in bread lines. what we have now is actually american cities standing in a bred line in front of the white house. >> mark ash who refused to be in d...

Bankruptcy protection. not necessarily a surprise, but how did we get to this point? mark ash is a former adviser to the city of detroit focusing specifically on public transportation. but, mark, you go into cities and try to teach them how to run like a company, how to better manage their finances and their budgets. what was it like, what was your time in detroit like? you were there for a year. >> you know, a lot of people would say it's not possible. we can run a public transportation system in new york for years where we cut fares, reduced reliance on taxpayer dollars, so people say can yo...

The city of detroit has a problem paying its bills. >> where we are right now is a culmination of years and years and years of kicking the can down the road. borrowing from wherever we could borrow. we're tapped out. >> the motor city is still trying to avoid bankruptcy, asking collectors to take $0.10 on the dollar on a $2.5 billion tab. how did the city end up in this state? mark ash is ceo of a company which specializes in transforming public and private organizations. he's also with the city of detroit. >> good morning. >> i was actually in detroit in march and was shocked. it looked like ...

Let's go over to the guys. >> thank you, alisyn. with their city on the very brink of bankruptcy. trustees of two detroit public pension funds are at anean front conference in hawaii. guess who is pick up the >> you guessed it, the taxpayers. how could this happen? mark ash is ceo which public. he has also advised the city of detroit. your advisement they probably didn't listen to you all that well. >> well, we made some progress last year, guys. t as you can see, the city is now under the control of an emergency manager and theyave just got to be besid themselves in the city of etroit today. ...