The small city of Pacific Grove hires bankruptcy lawyer to take on CalPERS
#1 Mar 27, 2013
Tim is GREAT. We will have nothing but a steady stream of Munie Bankruptys over the next few years. Google: Stockton which is in process now.
Sadly because CA citizens are ignorant and irresponsible the politicians who signed off on the wildly extravagant and totally unaffordable pension schemes may not ever do Hard Time for their massive crime against current and future generations of Calif tax payers.
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