In a private letter to then-President Bill Clinton, Rahm Emanuel complained that Mexico looked to be getting “the better end of the deal” on NAFTA and a $12 billion loan agreement, according to newly released documents from the Clinton Presidential Library.
Hillary Clinton played “bad cop” with Israeli Prime Minister Benjamin Netanyahu, and the piano with Bono in South Africa. She talked about technology over Lithuanian beer, and about wildlife conservation in Russia to get President Vladimir Putin’s attention.
To show how badly public pensions have been short-changed, Securities and Exchange Commissioner Daniel Gallagher mentioned a place where every household owes $88,000 for promises the government made to retirees.
Chicago moved forward in its effort to rescue a pair of pension funds and stabilize its finances when Illinois Governor Pat Quinn signed a bill that cuts benefits and makes employees pay more for retirement.
Chicago’s bonds are trailing the municipal market, a sign that investors are leery about the city’s finances as Illinois Governor Pat Quinn decides today whether to sign a bill fixing the metropolis’s pensions.
Los Angeles Mayor Eric Garcetti is taking to Twitter, Facebook and Google+ to muscle his city into contention for director George Lucas’s museum of everything from Darth Vader’s costume to Norman Rockwell paintings.