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Interesting precedent - no pension plan is safe from bankruptcy
[NYT] Judge Approves Bankruptcy Exit for Stockton, Calif.
Some things are inevitable. Or, as the Instapundit likes to say, "That which can't go on, won't."

Posted by: Skidmark 2014-10-31
http://www.rantburg.com/poparticle.php?ID=403109