The City Trusts Need Busting

Lifetime appointments are usually reserved for things like the Supreme Court. I know of only one job in all of American local government that’s for life: a seat on the Board of Directors of City Trusts in Philadelphia. And the big difference between being a Supreme Court justice and being on the board of City Trusts is that the latter has a $400 million portfolio to control during that lifetime, with virtually no one watching…READ MORE

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