"[C]ity financial consultant Kenneth Buckfire [testified that] it was clear that the city did not have the funds to pay the unsecured pension payouts without cutting them. 'It was a function of the mathematics,' said Buckfire, who said he did not think it was necessary for him or anyone else to recommend pension cuts to Orr. 'Are you saying it was so self-evident that no one had to say it?' asked Claude Montgomery, attorney for a committee of retirees that was created by U.S. District Court judge Steven Rhodes. 'Yes,' Buckfire answered."  MORE >>