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The Illinois Legislature is currently debating potential reform of its public pension systems.  Like Colorado, Illinois has traditionally failed to pay its public pension bills.  Like many Colorado politicians, many Illinois politicians are...

Frederick Reese of MintPress News reports, Public Pension Funds Making Alternative Or Reckless Investments?: Public pension systems are collapsing across the country. In Chicago, Mayor Rahm Emanuel is under growing pressure to find a way to mitigate...

Why does a millionaire mayor and a billionaire hedge fund CEO team up to attack public pensions? Because that's where the money is. There's a battle royale raging in Chicago. It pits hedge funds, the Chicago financial exchanges, real estate interests...

All across the country, despite an economy that has been officially out of recession for half a decade and record stock prices, Americans are being subjected to one round of state and local government tax increases and/or public service and benefit cuts...

Looting the Pension Funds All across America, Wall Street is grabbing money meant for public workers By Matt Taibbi Rolling Stone September 26, 2013 In the final months of 2011, almost two years before the city of Detroit would shock America by declaring...