Barry Ritholtz wrote this piece several months ago and it may have already been posted here. However, his perspective now seems so accurate that I felt it was worth another look. It’s also worth noting that this Ritholtz commentary attracted hundreds …
October 12, 2010
N.Y. Faces $200 Billion in Retiree Health Costs
By MARY WILLIAMS WALSH
The cities, counties and authorities of New York have promised more than $200 billion worth of health benefits to their retirees while setting aside almost nothing…
