The next phase of public pension reform will likely be touched off by a stock market decline that creates the real possibility of at least one state fund
running out of cash within a couple of years.
Banking stocks opened slightly higher on Wednesday but became one of the worst - performers following news the embattled Monte dei Paschi could
run out of cash within four months.
Not exact matches
For many years, we were week to week on
cash flow,
within weeks
of running out of money.