Episode 111 – Judge Gerald Rosen – architect of the grand bargain
You see a lot being a federal judge for over 27 years, but nothing could prepare him for the role he was to play in Detroit’s bankruptcy. Join us for a fascinating interview where Judge Rosen shares some stories behind the grand bargain that saved Detroit.
QUOTE IT
“Get out of the river nile … and confront the realities.” (13:26)
“Resolve the underlying structural problems.” (14:19)
“The real core is about creating more heros and less villains.” (20:40)
DIG IN
- (4:54) Recognized a different approach was needed.
- (7:50) The binary equation.
- (11:54) Creativity when obligation exceeds the revenue stream.
- (15:31) Be tenacious and persistent.
TIP OF THE WEEK:
Leaders are tenacious and persistent. Ask probing questions from stakeholders and customers. Leave no stone unturned when searching for solutions.