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Kroll Report Puts San Diego Among 'Elite Group of Frauds,' Local Newspaper Says
VoiceofSanDiego.org
Aug. 9, 2006
Excerpt: The 266-page report, complete with about 200 more pages of appendixes, issued a harsh assessment of city practices past and present ... For years, the city failed to inform investors about the deteriorating health of its pension system and a number of irregularities in the way it funded the system and hid liabilities in outside reserves, the report states.
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