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Mega-boon or mega-boondoggle: Part 6, We don’t need an aristocracy
[Continued from Friday’s Part 5 and the preceding Part 1, Part 2, Part 3 and Part 4.] By: David A. Smith By now alert readers will no doubt have deduced that my initial astonishment of Boston as a...
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The curse of the Gray PERL: Part 1, “Repetition of incorrect statements does...
By: David A. Smith A well-written judicial decision is a work of it not art then fine craftsmanship, and an absorbing treat for those who are of the right disposition and interest and who have or can...
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The curse of the Gray PERL: Part 2, “Raise the city’s sales tax to restore...
By: David A. Smith [Continued from yesterday’s Part 1.] Yesterday’s post introducing our careful analysis of Stockton bankruptcy judge Christopher M. Klein’s ever-more-careful decision and order (In...
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The curse of the Gray PERL: Part 3, “CalPERS does not bear financial risk”
By: David A. Smith [Continued from yesterday’s Part 2 and the preceding Part 1.] In dismissing the legal objections proposed by bondholder Franklin Templeton, Stockton bankruptcy Judge Klein (In re...
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The curse of the Gray PERL: Part 4, “CalPERS is not an ordinary contractual...
By: David A. Smith [Continued from yesterday’s Part 3 and the preceding Part 1 and Part 2.] As we saw yesterday, though the bankruptcy order by Stockton Judge Christopher Klein (In re City of...
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The curse of the Gray PERL: Part 5, “The CalPERS board gets to block changes”
By: David A. Smith [Continued from yesterday’s Part 4 and the preceding Part 1, Part 2, and Part 3.] To appreciate just how important was Stockton Judge Christopher Klein’s bankruptcy decision and...
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The curse of the Gray PERL: Part 7, “CalPERS says the city would owe it $1.6...
By: David A. Smith [Continued from yesterday’s Part 6 and the preceding Part 1, Part 2, Part 3, Part 4, and Part 5.] Now readers fully understand, as laid out by Stockton Judge Christopher Klein’s...
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The curse of the Gray PERL: Part 8, “Promises of higher pensions to get...
By: David A. Smith [Continued from yesterday’s Part 7 and the preceding Part 1, Part 2, Part 3, Part 4, Part 5, and Part 6.] Yesterday’s post having concluded with a Sidebar of Outrage over CalPERS’s...
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The curse of the Gray PERL: Part 9, “CalPERS has bullied its way about with...
By: David A. Smith [Continued from yesterday’s Part 8 and the preceding Part 1, Part 2, Part 3, Part 4, Part 5, Part 6, and Part 7.] Finally, with all the proximate bankruptcy facts (explained in...
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Vote bankruptcy in 2016!
By: David A. Smith When you don’t pay your electric bill, the company shuts off the power. When you exhaust your credit card, the company cuts you off. And when you’re unable to prepay old bond...
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