How Cities Pay For Police Misconduct
When rogue police officers cause serious injuries and personal injury lawsuits are settled, cities sometimes have to come up with a lot of money. Just where do these cities get the millions of dollars needed to settle these personal injury cases?
According to CNBC, they get the money by borrowing from municipal bond markets.
This CNBC video tells how that was done by the Village of Hempstead, NY, to pay the $4.5 million personal injury settlement of a police misconduct case where a Hempstead, NY, police officer allegedly ruptured a man’s colon during an arrest.