Home › Forums › Financial Markets/Economics › Vallejo bankrupt???
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February 19, 2008 at 4:07 PM #11865February 19, 2008 at 4:16 PM #155779drunkleParticipant
omg is right:
“Public safety contracts for police and fire services make up 80 percent of the city’s general fund.”
copland? what kind of f’d up town is this?
edit:
gets even better:“The police and fire unions must agree on the spending cuts before it can be considered.”
sounds like the town deserves to go under and will in fact be better off for it…
February 19, 2008 at 4:16 PM #156062drunkleParticipantomg is right:
“Public safety contracts for police and fire services make up 80 percent of the city’s general fund.”
copland? what kind of f’d up town is this?
edit:
gets even better:“The police and fire unions must agree on the spending cuts before it can be considered.”
sounds like the town deserves to go under and will in fact be better off for it…
February 19, 2008 at 4:16 PM #156069drunkleParticipantomg is right:
“Public safety contracts for police and fire services make up 80 percent of the city’s general fund.”
copland? what kind of f’d up town is this?
edit:
gets even better:“The police and fire unions must agree on the spending cuts before it can be considered.”
sounds like the town deserves to go under and will in fact be better off for it…
February 19, 2008 at 4:16 PM #156082drunkleParticipantomg is right:
“Public safety contracts for police and fire services make up 80 percent of the city’s general fund.”
copland? what kind of f’d up town is this?
edit:
gets even better:“The police and fire unions must agree on the spending cuts before it can be considered.”
sounds like the town deserves to go under and will in fact be better off for it…
February 19, 2008 at 4:16 PM #156158drunkleParticipantomg is right:
“Public safety contracts for police and fire services make up 80 percent of the city’s general fund.”
copland? what kind of f’d up town is this?
edit:
gets even better:“The police and fire unions must agree on the spending cuts before it can be considered.”
sounds like the town deserves to go under and will in fact be better off for it…
February 27, 2008 at 5:06 PM #161621HereWeGoParticipantBondholders will likely be asked to sacrifice some of their investment if the city seeks bankruptcy protection, an attorney for the municipality said last night.
Vallejo, in return, will be asked to sacrifice access to the capital markets for the next 20 years or so.
February 27, 2008 at 5:06 PM #161555HereWeGoParticipantBondholders will likely be asked to sacrifice some of their investment if the city seeks bankruptcy protection, an attorney for the municipality said last night.
Vallejo, in return, will be asked to sacrifice access to the capital markets for the next 20 years or so.
February 27, 2008 at 5:06 PM #161536HereWeGoParticipantBondholders will likely be asked to sacrifice some of their investment if the city seeks bankruptcy protection, an attorney for the municipality said last night.
Vallejo, in return, will be asked to sacrifice access to the capital markets for the next 20 years or so.
February 27, 2008 at 5:06 PM #161523HereWeGoParticipantBondholders will likely be asked to sacrifice some of their investment if the city seeks bankruptcy protection, an attorney for the municipality said last night.
Vallejo, in return, will be asked to sacrifice access to the capital markets for the next 20 years or so.
February 27, 2008 at 5:06 PM #161228HereWeGoParticipantBondholders will likely be asked to sacrifice some of their investment if the city seeks bankruptcy protection, an attorney for the municipality said last night.
Vallejo, in return, will be asked to sacrifice access to the capital markets for the next 20 years or so.
February 27, 2008 at 5:32 PM #161543BugsParticipantIn the smaller towns the police and fire agencies always comprise the majority of the budget. Especially when those programs start paying out on a lot of retirees. That’s one reason most of our small municipalities have contracts with the County Sheriff rather than try to run their own agencies.
The bust of some of these investment programs is going to spread to a lot of cities and counties before this is all over. The OC went BK a few years ago over bungled investments – that one included some derivatives.
February 27, 2008 at 5:32 PM #161246BugsParticipantIn the smaller towns the police and fire agencies always comprise the majority of the budget. Especially when those programs start paying out on a lot of retirees. That’s one reason most of our small municipalities have contracts with the County Sheriff rather than try to run their own agencies.
The bust of some of these investment programs is going to spread to a lot of cities and counties before this is all over. The OC went BK a few years ago over bungled investments – that one included some derivatives.
February 27, 2008 at 5:32 PM #161556BugsParticipantIn the smaller towns the police and fire agencies always comprise the majority of the budget. Especially when those programs start paying out on a lot of retirees. That’s one reason most of our small municipalities have contracts with the County Sheriff rather than try to run their own agencies.
The bust of some of these investment programs is going to spread to a lot of cities and counties before this is all over. The OC went BK a few years ago over bungled investments – that one included some derivatives.
February 27, 2008 at 5:32 PM #161641BugsParticipantIn the smaller towns the police and fire agencies always comprise the majority of the budget. Especially when those programs start paying out on a lot of retirees. That’s one reason most of our small municipalities have contracts with the County Sheriff rather than try to run their own agencies.
The bust of some of these investment programs is going to spread to a lot of cities and counties before this is all over. The OC went BK a few years ago over bungled investments – that one included some derivatives.
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