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Tag: Public Pensions


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Stadium Subsidies Financed By Pension Cuts

As states and cities grapple with budget shortfalls, many are betting big on an unproven formula: Slash public employee pension benefits and public services while diverting the savings into lucrative subsidies for professional sports teams.

Posted on Jul 25, 2014 READ MORE


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Wall Street’s Secret Swindle

In the national debate over what to do about public pension shortfalls, here’s something you may not know: The texts of the agreements signed between those pension funds and financial firms are almost always secret.

Posted on Apr 25, 2014 READ MORE


Broke L.A. Cuts Million Dollar Checks to Cops and Firefighters

A little-known pension scheme in the City of Angels lets public safety workers double-dip at the taxpayers’ expense.

Posted on Mar 22, 2013 WATCH & LISTEN


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