Former New York LG Ravitch Turns Attention To Detroit

The city of Detroit is beginning to emerge from the largest municipal bankruptcy in U.S. history, and the man who helped to pull New York City out of its severe money problems back in the 1970s will be steering Detroit's long road back to recovery. Former New York Lieutenant Governor Richard Ravitch has been appointed as a senior adviser to the financial review commission in Detroit. Ravitch will be at Albany Law School Wednesday afternoon at 2 for a panel discussion on Detroit and what it might mean for New York.