OT: Alum Steve Henderson wins Pulitizer for Detroit financial crisis columns

Submitted by PeteM on

1992 U-M grad Steve Henderson -- a former Michigan Daily editor and Michigan marching band member -- won the Pulitizer Prize for commentary relating to Detroit's financial crisis and the bankruptcy.  His columns (and tweets) are a great resource for understanding the problems that led to the bankruptcy and the possible roads forward:

http://www.pulitzer.org/citation/2014-Commentary

 

 

LSAClassOf2000

April 14th, 2014 at 8:14 PM ^

Henderson really did an excellent job covering Detroit's financial woes, but beyond that and perhaps more importantly, he did an excellent job of making the issues accessible to people who had likely all but ignored Detroit over the last several decades or were not familiar with what has happened here. The care given to the writing was remarkable and did help drive home the point locally that we share in the city's fate. 

Congratulations to him on some excellent coverage of a very real regional problem. 

MargaretKnabe

May 4th, 2014 at 11:34 PM ^

When economy faced the greatest battle during recession almost all of the nations went on economic turmoil. Different problems arise but find a solution though its looks very hard. We should practice being thrift to avoid facing money trouble. How often have you wanted more info on where to find a payday loan, and resorted to an online search on "quick payday loans no credit check?"

brenda olsen

June 25th, 2014 at 12:52 AM ^

Thanks for this interesting post. When economic crisis arises, there comes bankruptcy, recession, food shortage, foreclosure and rising unemployment rate. Saving some for the rainy days is very important.

nicole andersen

July 22nd, 2014 at 11:53 PM ^

Congratulations Steve Henderson for a job well done! Financial emergencies are common, but not every person has money stowed away for these times. You might want to consider getting a payday loan during these moments. The tough economic conditions make it extremely hard for anyone to get a raise and start saving, so having the access to extra money could be a really good thing for many people. Savings can save us from these tough times.

Denise Burton

August 18th, 2014 at 12:23 AM ^

The global growth slowdown is taking place against a backdrop of rising economic inequality, owing to labor’s declining share of national income – a worldwide phenomenon, resulting from globalization and technological progress, that poses a serious challenge to policymakers. A pair of recent economic reports seems to present contradictory assessments of consumer attitudes about the economy. However, taken together, perhaps they just emphasize the financial doubt and confusion that is so easy to understand at this time of political brinksmanship.

Teri Stewart

January 29th, 2015 at 4:59 AM ^

The financial crisis that has made Detroit one of the largest cities ever to face mandatory state oversight was decades in the making, a trail of missteps, of trimming too little, too late, of hoping that deep-rooted structural problems would turn out to be cyclical downturns that might melt away as the economy picked up. Some factors were out of the city’s control. As auto industry jobs moved elsewhere over the decades, for example, Detroit lost much of its affluent tax base.