New Jersey State Senate President Stephen Sweeney yesterday slammed Gov. Chris Christie for appointing an emergency manager in Atlantic City as a sign that his administration wants the resort to declare bankruptcy, and pledged a "big fight" against such a move, NJ.com reported yesterday. Christie last week appointed attorney Kevin Lavin as the city's emergency manager and Kevyn Orr, who just presided over Detroit's bankruptcy, as an adviser. Reeling from the closure of four of its 12 casinos, Atlantic City is suffering from high unemployment and a collapsing property tax base. And while the governor did not say he intends bankruptcy for the city, Sweeney said that's what his move portends. "We will go to court, we will do whatever is necessary to stop this," Sweeney said.
