chicago

How Illinois’ Pension Debt Blew Up Chicago’s Credit

Cezary Podkul is a former investment banker and reporter who has covered finance for Reuters and now ProPublica. This story was originally published at ProPublica. What happens when you’ve been kicking the fiscal can down the road for years, but the road suddenly hits a dead end? That’s what Chicago – and the state of Illinois – are about ...
ChrisChristie2

Parsing Chris Christie’s Pension Math

Cezary Podkul is a former investment banker and reporter who has covered finance for Reuters and now ProPublica. This story was originally published at ProPublica. As we reported last week, Gov. Chris Christie’s rhetoric about his fiscal record in New Jersey doesn’t always match what’s in his budget. Since then, we’ve found another example ...
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