Emergency Financial Manager officially appointed for Detroit

Lansing - Michigan's emergency loan board approved Kevyn Orr as Detroit's emergency manager after a 15-minute videoconference question-and-answer session with the Washington D.C. attorney from the board meeting room in the state Treasury building. The three-member board consists of State Treasurer Andy Dillon, Budget Director John Nixon and Steve Arwood, director of the Department of Licensing and Regulatory Affairs.