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Friday, June 15, 2012
Mcfarlane tells us about his $111 million dollar bond
Nice so now they're going to bankrupt themselves so they can get out of paying retiree benefits and pensions. What do you want to be that Neal will retire on his fully funded pension fund just prior to the bankruptcy?
Erik H. made a brilliant observation the other day. Bankruptcy would be be a poor choice for TriMet since they would not be able to sell bonds to finance their bloated Capital Project boondoggles.
Nice so now they're going to bankrupt themselves so they can get out of paying retiree benefits and pensions. What do you want to be that Neal will retire on his fully funded pension fund just prior to the bankruptcy?
ReplyDeleteErik H. made a brilliant observation the other day. Bankruptcy would be be a poor choice for TriMet since they would not be able to sell bonds to finance their bloated Capital Project boondoggles.
ReplyDelete