Fred Leeb, Pontiac's emergency financial manager, was appointed last spring by Michigan's governor to help turn around the financially stricken town of 66,000. He wants to either sell, lease or put back into use about half a dozen projects in Pontiac that city officials have pumped roughly $80 million into over the years. But they have made little to no profit from most of them.
By Dana Hedgpeth and Mary Kate Cannistra/The Washington Post - Feb. 1, 2010
Where a $56 million dome couldn't fetch 600 grand Article | PONTIAC, MICH. -- Once this city had its own car, 23,000 busy factory workers and the $55.7 million Silverdome, a storied Teflon-coated stadium where the Detroit Lions played, Elvis Presley sang, WrestleMania's Hulk Hogan stalked and Pope John Paul II prayed.