Gov. Rick Snyder Speaks On Detroit's Financial Future

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Michigan Governor Rick Snyder announces he will appoint an Emergency... News PhotoCity,Crisis,Debt,Detroit,Finance,Government,Governor,Horizontal,Michigan,Politics,Rick Snyder,Town Hall Meeting,USA,Wayne State UniversityPhotographer Collection: Getty Images News 2013 Getty ImagesDETROIT, MI, - MARCH 1: Michigan Governor Rick Snyder announces he will appoint an Emergency Financial Manager for the city of Detroit during a town hall meeting at Wayne State University March 1, 2013 in Detroit, Michigan. Detroit has more than $14 billion in debts and liabilities. The City has 10 days to appeal Gov. Snyder's decision. (Photo by Bill Pugliano/Getty Images)