Notable Quote
In any structure when the people who are making those decisions are not financially accountable, by definition it will not be prudent. John Por, president
“In any structure when the people who are making those decisions are not financially accountable, … by definition it will not be prudent.”
— John Por, president of Toronto-based Cortex Applied Research, commenting Aug. 22 in The New York Times on New York pension plan increases that the state approved but cities must fund.
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