http://illinoispolicy.org/blog/blog.asp?ArticleSource=6146

http://southtownstar.suntimes.com/news/miller/21552212-452/miller-court-challenge-by-legislators-would-be-last-resort.html

http://www.bloomberg.com/news/2013-07-29/daley-money-hits-quinn-in-fight-to-fix-illinois-pensions.html

  July 29, 2013   Perhaps you’ve started wondering whether the Bankruptcy Code could offer a fresh start to Illinois, Cook County, Chicago, or other units of the state. Through bankruptcy, maybe they could cut some debt, renegotiate labor contracts, reduce pension liabilities, reschedule obligations, cancel bad contracts — all things that happen in the private sector?  Bankruptcy occasionally works for people and companies so why not for government?   Don’t count on it.   Most bankruptcies you know about are under Chapters 7, 11, and 13 of the Federal Bankruptcy Code. They’re for liquidations, reorganizations and personal bankruptcies in