Regional News
Unions Set to Resist Vallejo Plan for 10 Cents on the Dollar
Monday, January 31, 2011
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SAN FRANCISCO — Union workers are poised to fight a bankruptcy-exit proposal from Vallejo that has the California city paying them as little as 10 cents on the dollar.

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A recent research paper suggests widespread violations of MSRB fair pricing rules are rampant in the municipal market. But scratching just below the surface reveals serious flaws in the methodology and assumptions underlying the authors' conclusions.

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