Archive for July, 2010
What You Need to Know About OPEB
Friday, July 23rd, 2010In case you do not read the Memphis Flyer, there is an article in this week’s issue that I wrote about the MLGW and the millions of your utility dollars that they have spent on pension and mainly on funding their OPEB (Other Post Employment Benefits which is retiree health care costs). An interesting (more…)
The Truth about Benefits and Pensions in Tennessee
Monday, July 19th, 2010Tranparency at the Memphis City Schools
Tuesday, July 13th, 2010Preliminary Thoughts on the Bass Pro Contract
Wednesday, July 7th, 2010I had a quiet July 4th weekend and I spent part of it reading through the newly posted preliminary contract. I asked some associates and readers to give me their thoughts on the terms of the contract. Here are their thoughts along with some of mine which are posted as sticky notes on the attached (more…)
The Beale Street Final and Costly Solution
Monday, July 5th, 2010As I read through the final agreement between the City of Memphis and John Elkington, see attached, I am amazed by the terms. Consider the income stream that Performa gets for the next 22 years.