The city of San Bernardino, currently in bankruptcy, has thrown down the gauntlet to Calpers, the giant California pension system that is among its biggest creditors. In California municipal bankruptcies, this is heresy.
Read Full Article »The city of San Bernardino, currently in bankruptcy, has thrown down the gauntlet to Calpers, the giant California pension system that is among its biggest creditors. In California municipal bankruptcies, this is heresy.
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