Tuesday, July 30, 2013

Bankrupt New England town offers Detroit a bleak preview

In a small mill town in New England, dozens of retired policemen and firefighters are feeling the pain of what they see as a broken promise, offering a glimpse into what could happen to thousands of public workers in Detroit facing massive reductions in pension payouts after the city's declaration of bankruptcy. 
Bankrupt New England town offers Detroit a bleak preview

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