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Article: Chicago CFO Walter Knorr Reflects on Longevity in Job.
- Article from:
- The Bond Buyer
- Article date:
- April 22, 1999
- Author:
CopyrightCOPYRIGHT 1999 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CHICAGO -
Walter Knorr was shaving the morning of April 12, 1992 when he began hearing reports about some flooding in the basements of buildings in Chicago's Loop.
A few hours later, businesses were shut down, the Loop evacuated, and Knorr, then the city's comptroller, was checking out the situation with then-fire commissioner Raymond Orozco at city hall, where water was rising towards the ground floor.
"You could reach out a catch a carp," Knorr, now the city's chief financial officer, recalled during his keynote address at The Bond Buyer Midwest Public Finance conference here yesterday.
The flood in Chicago's underground tunnels that ...