Relevant:
- Chicago's Mayor Daley Discusses Bankruptcy For City Pensions
- L.A. mayor finalizes first list of city job cuts
- Mayor Nutter Outlines City Budget Crisis
- Pension board member directed funds to a firm with ties to his, documents show
- Emergency Press Conference on Newark Budget Gap; Massive Service Cuts; No Toilet Paper for City Offices; Newark is Bankrupt
2010-01-22 — blogspot.com
"By the way, LA is bankrupt, all we are talking about here is whether the city realizes it or not. The mayor's statements prove he does not fully realize the gravity of the situation. Villaraigosa is unfit for office."
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