The Craig Fahle Show

Former State Treasurer Andy Dillon On His New Role In Detroit's "Grand Bargain"

Wednesday, June 4, 2014

Photo Courtesy of WXYZ

Craig started off the interview by saying, “Let’s talk a little bit about your career trajectory. I want to get this out of the way first.”

Dillon is working for Conway MacKenzie, a turnaround firm that has a contract with the city as part of the Chapter 9 restructuring. “The Democrats wanted to suggest (your job at Conway MacKenzie) was some kind of crony capitalism,” Craig said to Dillon.

He responded, “It’s an election year so you can expect that. The accusation was that it was quid pro quo. … The city ultimately made the choice (to hire Conway MacKenzie). I was one of 10 people in the room.”

Dillon says as the State Treasurer, he spent 75-80 percent of his time on distressed local units of government, largely at the direction of Gov. Rick Snyder. “Here’s a governor who’s willing to roll up his sleeves and do the tough stuff,” Dillon says.

On the Grand Bargain: "I kind of sensed that it was going to get done, just with the tenor and the tone of the media reports on its possibilities. It’s the right thing to do."

"If you really look at that 10-year plan, that’s the focus. The challenge for Detroit is going to be holding to that plan,” Dillon says, noting the city’s operational restructuring is as important as the financial work. “Even when the Chapter 9 is over, there’s still execution risk to the process."

Link to the full interview at nextchapterdetroit.com.

--Sandra Svoboda and Annamarie Sysling