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Loan Modification

: Mortgage Lender Implode-o-Meter

Suing actuaries for their silence

By Implode-Explode Heavy Industries

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Public pension plans around the country are entering an age of bankruptcies and broken promises. Some states realize they must make some hard choices. Some don't.

When it all blows up blame will need to be laid which is what Milwaukee County officials are doing this week as their lawsuit against their plan's actuary, Mercer, Inc., goes to trial. The Milwaukee Journal Sentinel is following the trial online and I'll be following it here since it may well be relevant to what has, and is, going on in New Jersey.

Full post as published by Mortgage Lender Implode-o-Meter on May 06, 2009 (boomark / email).

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