Judge dismisses CalPERS appeal of San Bernardino bankruptcy
There are 1 comment on the Mortgage Lender Implode-O-Meter story from Nov 17, 2013, titled Judge dismisses CalPERS appeal of San Bernardino bankruptcy. In it, Mortgage Lender Implode-O-Meter reports that:
U.S. Bankruptcy Judge Meredith Jury on Friday dismissed CalPERS' request that she certify the pension giant's direct appeal to the 9th U.S. Circuit Court of Appeals, a decision that San Bernardino officials have said will save the city time and money in its already sprawling fight with CalPERS.
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#1 Nov 17, 2013
YES! Now we can start the REAL conversation about unsustainable pensions and benefits in the worlds largest ticking time bomb of a State. This state continues it's declined into universal poverty, scratching for vast numbers of illegal immigrants largely for their ability to support this large class of leeches. Keep your fingers crossed--maybe we can crush the public sectors defined benefit largess before it crushes the state!
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