Nobody Sent Her to That Meeting. She Walked In Anyway — and Saved a City.
In the late 1970s, as a major American city careened toward financial collapse, every senior official with the authority to negotiate had either fled the room or run out of ideas. That left a 31-year-old junior accountant named Ruth Carver sitting across a conference table from Wall Street's most unforgiving creditors — with no script, no title, and nothing to lose. What she did next quietly became one of the most studied municipal turnarounds in American economic history.