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getmenews

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getmenews

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Tuesday, 04/02/2013 1:53:20 AM

Tuesday, April 02, 2013 1:53:20 AM

Post# of 37920
GRAVE INJUSTICE: YOUR BETTER THAN ME?

California City's Bankruptcy Poses Risk to Pensions
Wall Street Journal - 10 hours ago
A California backrupcty judge will allow the Stockton, Calif., bankruptcy to continue. Bondholders and insurers of the city could be left to swallow losses (while pensions of city workers and retirees remain intact).



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