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: Blame the Market, New Jersey Love and a Win in Wayne County3 hours ago
What Happens When You Start Taxing Muni Bonds?5 hours ago
Judge Says He Can't Fix Florida's Redistricting Dispute6 hours ago
Tennessee Judge Upholds Execution Process7 hours ago
N.J. Supreme Court Ruling Allows Undocumented Minors to Apply for Amnesty7 hours ago
Pennsylvania Supreme Court Releases Porn Emails in AG Trial7 hours ago
More from View
Didn't find what you were looking for? Search our archives, or subscribe to one of our e-newsletters, and we'll bring the news to you!