Tag "Stockton Bankruptcy"

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Judge: CalPERS not protected in Stockton bankruptcy

After a brief reprieve from a bad summer, the California Public Employees Retirement System has been handed another massive setback. In a provisional but uncompromising ruling, U.S. Bankruptcy Judge Christopher Klein held bankrutpcy law does not permit CalPERS to protect its workers’

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What is CA’s bankruptcy-pension end game?

April 5, 2013 By Wayne Lusvardi In his absurdist play, “Endgame,” about a chess game where there are few pieces left on the board, Irish playwright Samuel Beckett wrote: “The end is in the beginning and yet you go on.”

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