Quote:
Originally Posted by Pukka Sahib
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Sad, because it didn't have to come to this. Sad, because the implications of this will be felt for a long time, not just in the city, but nationally. Sad, because of the pensioners who will be among those who will take a haircut, and all they did was show up for work. Sad, because the city has no significant income, no pathway to recovery, and the bankruptcy will make it extremely difficult for years to come to raise any significant capital.