The pension-system trustees and the municipal unions
A federal judges ruling yesterday that Detroit worker pensions can be cut as part of the citys bankruptcy case has angered city workers and shocked some of their supporters. Workers carrying signs outside the federal bankruptcy court yesterday blamed big banks for Detroits fiscal woes and demanded, No cuts to our pensions. They carried photos of Michigan governor Rick Snyder, painted to make him look like the devil. But if workers seek a culprit, they might look at the citys pension-system trustees and the unions that were supposed to have influence over them. . . .