Bailout Doesn News Today

Financial affairs are in the hands of a bankruptcy court judge. that judge says you get this and you dont get that. >> steve: thats what they dont like because suddenly theyre going to have to be a little more responsible than theyve been in the past. >> this all goes back to the municipal unions. they are due to be paid eformosa pensions, very high wages, big pensions. they simply cannot meet the promises that theyve made to those retirees. that has to be sorted out. a bailout doesnt sort it ou...