Check out the story below about a lawsuit that puts every public pension plan at risk. I might be out on a limb here but I think this is how the financial industry and their willing servants in congress & states are going to get their greedy hands into public pensions- by changing the bankruptcy laws, one challenge at a time. More below the pretty squiggle.
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Public Pensions at Risk: Redefining Fraud in US Court Serving the 1%
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