McCombs TODAY

News from the McCombs School of Business

Granof: Underfunded Pensions Leave Houston at Risk

November 25th, 2008 · Filed under: McCombs in the Media

Posted by Rob Meyer

KHOU, Houston, Nov. 25, 2008
The deepening financial crisis has brought major banks, car companies and even insurance giants to their knees, leaving many to wonder: What’s next? Experts believe city governments may be the next economic bubble to burst because municipalities across America have quietly been piling up billions of dollars in debt in employee [...]

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