Rhode Island and Providence in eye of Pension Storm

Public Pensions - Biggest Financial Crisis Since The Great Depression?


        Rhode Island Governor Gina Raimondo has ignored the plight of Providence and stood by Mayor Elorza and his policy of delay and ignorance. She had hoped to be in Washington in the Clinton Administration. Instead she relies on trying to get out of office before the next recession and Providence Bankruptcy. The recent departure of Robert Hull as Revenue director is a sign that she has given up and has thrown RI Taxpayers under the bus. Hull was the only administrative leader capable of dealing with Providence. Now he is gone.

Public Pensions - Biggest Financial Crisis Since The Great Depression?

By FS Staff The following is a summary of our FS Insider podcast with Lawrence McQuillan (see America's Public Pension Crisis Part 1 and Part 2), which can be a

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