Two years ago, my colleague Rob Gurwitt wrote a feature about Atlanta Mayor Shirley Franklin's remarkable ability to forge alliances among disparate interests and factions, ...
Two years ago, my colleague Rob Gurwitt wrote a feature about Atlanta Mayor Shirley Franklin's remarkable ability to forge alliances among disparate interests and factions, a skill that had enabled the city to raise $3 billion to overhaul its decrepit sewer system.
In the past two weeks, Franklin proved that she hasn't lost her political or personal touch, pulling together another improbable coalition to purchase the papers of native son Martin Luther King Jr., which were scheduled to be auctioned by Sotheby's.
In 11 days of intense negotiations, Franklin and her team cobbled together $32 million in pledges and loan guarantees from individual and corporate donors and lined up Morehouse College to be the legal custodian of the documents.
King's son Dexter told the Atlanta Journal-Constitution , "We didn't know that Atlanta was that serious until Mayor Franklin reached out."
It wasn't the first time, and it surely won't be the last.
Join the Discussion
After you comment, click Post. You can enter an anonymous Display Name or connect to a social profile.
The Week in Public Finance: Bankruptcy Scares, Superdowngrades and Shopping in Pennsylvania1 day ago
Illinois Governor Makes Cuts to Health Care for State's Poor1 day ago
All Students at a Seattle High School Refuse to Take Standardized Tests1 day ago
Arkansas Legislative Session Ends With Unfinished Business1 day ago
Dear Obama, This Is Why Maine's Governor Opposes a New National Park1 day ago
Florida House Seeks End to Budget Stalemate1 day ago