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California Bankruptcies are ONLY THE BEGINNING...
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Anonymous Coward |
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I am waiting for that one small CA city that was in the news where the executives (mayor, treasurer, police chief, etc.) were all making $800,000/yr+
When they file bankruptcy, these pensions will get rolled over to the PBGC and these folks will only get $500k/yr for life's work of bankrupting the town.
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