Wednesday, November 28, 2012

Calpers triggers legal fight with bankrupt San Bernardino over pension debt

Good luck with that.  CalPERS is suing a bankrupt San Bernardino to recoup millions in halted pension payments.  Um, San Bernardino filed for bankruptcy--they're broke, but I'm sure Wall Street bankers will try to squeeze blood from a turnip.

http://www.reuters.com/article/2012/11/28/us-usa-debt-sanbernardino-idUSBRE8AR09120121128

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