Wednesday, August 19, 2009

Detroit pension funds want to build $7.4M riverfront HQ

Detroit pension funds want to build $7.4M riverfront HQ
"Concerns raised earlier this year about a cash-flow crisis and the recent loss of $2.5 billion aren't stopping Detroit's two public pension funds from trying to build a new riverfront headquarters."

This actually makes sense....if you are a scumsucking crook.
They know the taxpayers (us and the few remaining companies in Michigan) will pick up the bill if the pension fund doesn't have enough to pay it's pensioners.
So why not party like it's 1928!

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