Explain financial order or financial martial law

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Reference no: EM1349976

Read the Legal Briefcase: Financial Order or Financial Martial Law?

Consider EFMs and how they are used. The article posits that EFMs might expand beyond Michigan to other states. Also, oversight boards have been given powers similar to those powers that EFMs hold.

Discuss the article as well as the impact EFMs have on cities, towns, and school districts. What are EFMs? Are EFMs the financial solution to distressed communities? To what extent do EFMs provide order and stability? How? How would you feel if an EFM was appointed to oversee and manage your local school district? Why? What would be your course of action? Why?

Reference no: EM1349976

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