1. If InsolvenCity's finance director (assume the director is the final survivor of a three-clown circus) publicly accepts or releases a legal opinion, a strategic suggestion, a financial forecast or a policy argument supporting a plan to use a vital public asset to rehabilitate a hideously underfunded pension fund, that action signals that which of these conditions has been met?
(a) the plan includes gigantic upfront fees for politically connected financial, legal and business advisors;
(b) the plan includes prearranged jobs for several of the mayor's associates;
(c) the plan will inflict heartache on city residents, parkers and pension beneficiaries for decades; or
(d) all of the above.
Please discuss your response.
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