Friday, January 6, 2017

A bankruptcy by any other name is still a Texas embarrassment

City Of Dallas Looks To "Clawback" Ill-Gotten Pension Gains From Police

Looking back over the Dallas  pension mess, Zero Hedge brings us to the 'renegotiation'  of already earned pension value.  The legal morass of clawbacks is going to be horrific. 
Dallas is better to declare bankruptcy, it will be simpler, though still horrific.

No comments: