Relevant:
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- Jefferson County Alabama Hires Bankruptcy Firm; Record Municipal Bankruptcy Coming; Death Spiral Swaps and JPMorgan Fraud Revisited
- Automotive Pension Disaster; $42 Billion in Pension Promises Completely Unfunded
- Jefferson County Alabama Files Biggest Municipal Bankruptcy
- General Obligation Bonds Come to Critical Test in Alabama Bankruptcy
2010-03-16 — blogspot.com
"Prichard Alabama declared bankruptcy on October 28, 2009 over pension obligations. Since then pensioners have not been paid. Now a bankruptcy court has given the city two more months to figure out how to do so."
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