![Why investor Wilbur Ross Jr. is bullish on Detroit]()
Tom Henderson
- What might have seemed counterintuitive to the rest of the M&A world — investing almost $50 million in a single-branch bank in Michigan in 2010, as banks around the country were dying as a result of the Great Recession — made all the sense in the world to New York financier Wilbur Ross Jr. Investors like to say they bet on horses, and David Provost and Gary Torgow were the horses on which Ross put his money. “We didn’t think Michigan was going to zero, which was the