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Old 02-11-2010, 12:06 AM   #1 (permalink)
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Default LA City BK; Chap. 9?

Los Angeles City Controller Wendy Greuel Addresses the City's Recovery

LOS ANGELES, CA -- (Marketwire) -- 02/09/10

The Honorable Wendy Greuel, Controller, City of Los Angeles, will outline the
city's recovery in "Back to Basics: How Los Angeles Recovers" to TOWN
HALL Los Angeles on Tuesday, February 23, 2010 at the Omni Los Angeles
Hotel.

On January 26, 2010, Greuel stated, "The city of Los Angeles must act decisively, it
must act effectively, and it must act quickly if it is to survive the current financial crisis. This
means a real evaluation of LA's bankruptcy options
, a real review of LA's pension scheme
and a real analysis to LA's commitment to the delivery of services and a systemic
reorganization that ensures that LA has a future as a great city."


http://ca.sys-con.com/node/1278976
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