Pension issue in Stockton, Calif. bankruptcy – Houston Chronicle
 NPR |
Pension issue in Stockton, Calif. bankruptcy
Houston Chronicle SACRAMENTO, Calif. (AP) — On its first official day in bankruptcy, the city of Stockton now must grapple with the hard part of reorganizing its financial affairs — how to share the financial burden equitably among creditors while meeting its state pension … Judge agrees: The city is broke California City's Bankruptcy Poses Risk to Pensions Cities eye Stockton bankruptcy ruling |
