During his tenure, Steiner helped lead the county back from financial disaster after it filed for Chapter 9 bankruptcy on December 6,1994, due to a $1.64-billion collapse in the value of the county's investment portfolio.
Steiner helped lead the county back from financial disaster. This was during his tenure. It filed for Chapter 9 bankruptcy on December 6,1994. This was due to a $1.64-billion collapse in the value of the county's investment portfolio.