Monday, June 18, 2012

New Idea On Coliseum Financing

According to Newsday, the President of Teamsters Local 237, a municipal employees union is floating the idea that 500 million dollars from public employee pension funds be used to rebuild the Coliseum.

I know on the surface this idea seems odd to say the least.  However depending on the deal that would be negotiated part of this, it could be a very good investment. 

It should be interesting to see what, if anything comes from this.;jsessionid=77BD99C0B0E18069513B0EFADC8DD081?site=newsday&view=top_stories_item&feed:a=newsday_1min&feed:c=topstories&feed:i=1.3787731&part=1

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