09/27/2013 08:12 am ET Updated Nov 27, 2013

Taibbi: Wall Street Is Looting Money Meant For America's Public Workers

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In the final months of 2011, almost two years before the city of Detroit would shock America by declaring bankruptcy in the face of what it claimed were insurmountable pension costs, the state of Rhode Island took bold action to avert what it called its own looming pension crisis.

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