Calpers: bankrupt San Bernardino has more cash than first admitted -...

05/07/13

Calpers: bankrupt San Bernardino has more cash than first admitted
Reuters
RIVERSIDE CA, May 7 (Reuters) - California's public pension fund said on Tuesday that the bankrupt city of San Bernardino has a lot more cash than it had previously disclosed and more than enough money to pay off its debts to the retirement system.

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