Wednesday, August 7, 2013

Will Portland eventually follow Detroit into bankruptcy?

Will Portland eventually follow Detroit into bankruptcy? Moody’s is re-examining Portland for a possible downgrade due to Portland's $453 million in unfunded pension debt and unfunded liabilities of $2.3 billion for its police and firefighters pension and disability plan.
oregoncatalyst.com/24515-portland-follow-rusted-bu....html

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