Jon Kibbe quoted in The New York Times article "Pension Fraud in New Jersey Puts Focus on Illinois"

The New York Times
August 20, 2010

Richards Kibbe & Orbe LLP partner Jon Kibbe was quoted in The New York Times article "Pension Fraud in New Jersey Puts Focus on Illinois." This article describes the federal government's recent crackdown on the State of New Jersey for misrepresenting the condition of its pension funds and explores the now heightened awareness of the importance of accurate disclosure among other cities and states. Mr. Kibbe remarks that investors in distressed debt are watching the New Jersey case and related situations closely, sensing potential future volatility in the municipal and public finance markets.

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