October 24: Muniland snaps
Good Links
NYT: Grey Lady comes out against corporate tax repatriation holiday
GAO: Who is going to cover the pension shortfall at the Post Office?
Bond Buyer: Study claims that traditional pensions cheaper than 401(k)s for New York City
Bloomberg: About 12,000 New York public employees took early retirement in 2010
NYT: Story on Rhode Island pension reform barely mentions that bondholders were protected in full while retirees benefits were slashed
CEPR: New York Times article on RI pension reform has enormous miss on shortfall amount
Fulbright & Jaworski L.L.P.: Primer on Chapter 9 municipal bankruptcy
Business Insider: The dirty details of Jefferson County’s march to insolvency
FT: Treating those without health insurance in California
Bloomberg: Universities selling 100-year bonds
Pew Center on the States: A great chart puts the municipal bankruptcy story into perspective. It’s not towns and cities that tend to go bankrupt; it’s hospitals and special districts.
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