Posts Tagged ‘San Bernardino Bankruptcy’What is CA’s bankruptcy-pension end game?Friday, April 5th, 2013 April 5, 2013 By Wayne Lusvardi In his absurdist play, “Endgame,” about a chess game where there are few pieces left on the board, Irish playwright Samuel Beckett wrote: “The end is in the beginning and yet you go on.” And so it may be with the City of Stockton’s -- and California... San Bernardino may have to pay pensions before police protectionWednesday, December 26th, 2012 Dec. 26, 2012 By Wayne Lusvardi Do pension payments have the first claim to a bankrupt city’s revenues, even over providing essential police and fire protection? This is the half-trillion-dollar question currently before a Federal bankruptcy court concerning the insolvency of the city of S... |