municipalities

1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Apr 23, 2018 by Michael Cembalest · across every show →

Everything said about municipalities, oldest first

Apr 23, 2018 neutral
Assertion Partly supported
Cembalest: Municipalities can legally alter retiree healthcare, but pensions are inviolable
“Municipalities can unilaterally make changes to retiree healthcare obligations that are unpopular, but a judge will allow, whereas unfunded pensions are inviolable.”
Michael Cembalest Apr 23, 2018 ▶ 45:34 Michael Cembalest – Eye on the Market (Capital Allocators, EP.49)
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