https://preservedstories.com/wp-content/uploads/2019/04/Preserved-Stories-logo-horizontal-1.png 0 0 Jaan Pill https://preservedstories.com/wp-content/uploads/2019/04/Preserved-Stories-logo-horizontal-1.png Jaan Pill2014-06-07 13:52:062015-01-17 10:00:25Fund Manager Sets Goats Grazing in Blighted Detroit – New York Times, June 5, 2014
Below is a photograph from the article and opening paragraphs:
- To most of the world, the solution to debt-ridden Detroit is money. But for one hedge fund manager, it’s goats.
- Mark Spitznagel, the founder of the $6 billion hedge fund Universa Investments, on Thursday brought 20 goats to graze among abandoned homes and general detritus in Brightmoor, one of Detroit’s most blighted neighbourhoods.
- Not to be outdone by JPMorgan Chase, the country’s biggest bank, which recently pledged to invest $100 million to help Detroit over the next five years, Mr. Spitznagel says he is contributing directly to the community.
- “It’s an urban farming experiment,” he said of his plan to leave his goats to roam and munch on overgrown grass. “Goats are an effective way to do landscaping,” he added.
[End of excerpt]
Photo feature about Detroit
A March 18, 2014 article at ModelDMedia.com entitled “Bill Rauhauser’s decisive moment” features some great street photography images of Detroit from earlier times.
Below is a photograph by Bill Rauhauser from the above-noted ModelDMedia.com article: