Tag Archives: bankruptcy

Harrisburg, PA moves to file Chapter 9 bankruptcy

Posted on October 14, 2011 by Les Jones

USA Today – Harrisburg council approves bankruptcy filing: HARRISBURG, Pa. (AP) – Pennsylvania’s financially distressed capital city is seeking Chapter 9 bankruptcy, citing overwhelming debt, but Harrisburg’s mayor and top city lawyer said the filing signed by a City Council … Continue reading →

Posted in Economics, Politics | Tagged , , | 1 Comment

Kansas U: Kansas public pension fund is “bankrupt under current operating assumptions”

Posted on September 24, 2009 by Les Jones

KU School of Business – THE FUNDING CRISIS IN THE KANSAS PUBLIC EMPLOYEES RETIREMENT SYSTEM (PDF link):

Posted in Economics | Tagged , , | 3 Comments

Chrysler’s Nerf bankruptcy is bad for American automakers

Posted on May 4, 2009 by Les Jones

Mickey Kaus: If Chrysler fails in the marketplace again two or three years from now, after billions more in government subisidies, won’t that reflect badly on Obama and his “economic team”? WIll it then appear to have been better to let Chrysler … Continue reading →

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Judge rules that Vallejo, CA can cancel public union contracts

Posted on March 18, 2009 by Les Jones

Via Mish: In the first ruling of its kind, a bankruptcy judge held the city of Vallejo, Calif. has the authority to void its existing union contracts in its effort to reorganize, holding public workers do not enjoy the same … Continue reading →

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