Posted by & filed under Stockton Real Estate.

Dan Walters: Pension problems persist for California cities
U-T San Diego
But CalPERS’ assurances turned to dust when its relatively risky real estate and equity investments turned sour, costing tens of billions of dollars. Finally, as CalPERS’ Bankrupt Stockton’s largest debt is a pension bond. Some cities have

…read more

Leave a Reply

Your email address will not be published. Required fields are marked *