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Pension Bondholders Support San Bernardino Bankruptcy Filing
The Sun 
Dec. 4, 2012 "The city's second-largest group of creditors have added their guns to the city's bankruptcy battle as an ally for now, pitting them against CalPERS and the San Bernardino Public Employee Association. Pension obligation bond holders -- investors who collectively own more than $100 million in bonds the city issued in 2005 to re-fund its obligations to [CalPERS] -- filed the document with U.S. Bankruptcy Court[.]" MORE >> |
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