California Dreaming – Lessons On How To Resolve America’s Public Pension Crisis [Book Interview]

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This is a special reprise edition of FS Insider. A crisis is brewing in California and elsewhere across the United States. Cris Sheridan welcomes Lawrence J. McQuillan, author of California Dreaming. Lawrence pulls back the curtains covering this unfunded liability crisis, describing the true extent of the problem, and explaining the critical factors that are driving public pension debt sky-high. For decades, public pension officials and politicians of both parties have promised their employees increasingly generous retirement benefits, while low-balling the contributions that are needed to cover those promises. McQuillan believes it will be the greatest financial challenge since the Great Depression. This broadcast is free and gives listeners an example of the quality programming they will find as a subscriber to FS Insider.

Book Interview: California Dreaming – Lessons On How To Resolve America’s Public Pension Crisis

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