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In case anyone could explain this to me/us: What happens after a city/county files for bankruptcy? Do the pensioners get the promised amount in full or there w
by nopinsight 8y ago
In case anyone could explain this to me/us:
What happens after a city/county files for bankruptcy? Do the pensioners get the promised amount in full or there would be a haircut? Is the city/county forced to raise taxes over the objection of current residents?
- madengr 8y agoThey can be screwed. Detroit for example: https://www.google.com/amp/s/amp.freep.com/amp/759446002 https://www.google.com/amp/s/amp.freep.com/amp/759446002