Bankruptcy is such a bad, bad, bad thing! How can anyone advocate it as a good thing?
If I were Governor, I would PUSH them into bankruptcy, and I would NOT appoint an emergency manager. I wouldn’t appoint anyone. Why make their problems your own problems?
Rather, start talking about prosecution of key politicians there.
Trump to Doughnut Boy: “I may have bankrupted two companies in Atlantic City, but you’ve bankrupted an entire city.”
You cannot survive when the supporting infrastructure and its population are recipients and not producers. I’ve been to AC numerous times and only once did I ever leave the casino to go to a restaurant. I never even stopped to fill up my gas tank. That is not the exception, that is the rule.