Detroit ruling opens door to pension cuts across nation – The Seattle Times

Detroit ruling opens door to pension cuts across nation
The Seattle Times
Experts say the ruling that Detroit's pension funds, like other city creditors, may have to take a hit as the city reorganizes under bankruptcy made it easier for other financially troubled cities to argue that pensions must be cut. By Alana Semuels. Los Angeles 

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Read the rest . Via MLO Aggregated Bankruptcy News.

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