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« Sounds Like Grass Valley- Different Numbers/Same Game | Main | The Union- Other Voices on Unfunded Liability »

Are your leaders "Living In Denial"?

Rhonda L. Rundle From the WSJ Dec 18 2008... Pacific Grove CA is cheating bankruptcy thanks to poor management of their employee pension plans.

Mrs. Rundle from the WSJ reports that "Dan Davis, a former city councilman who has crunched the numbers for Pacific Grove says that other municipalities "are trying to live in denial."

Is there anyone at the negotiating table for the taxpayer?

December 18, 2008 |

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