Tag Archives: john riehl
Detroit’s Bankruptcy Postmortem: The Worms Keep Slithering Out
You may have seen recent revelations that Detroit routinely raided its pension funds to award extra cash – including bonuses dubbed “the 13th check” – to both retirees and active employees. These payments were far in excess of the city’s … Continue reading
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Tagged Detroit bankruptcy, Detroit Free Press, detroit pension shortfalls, john riehl, Tina Bassett
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