Riordan explains why he dropped pension measure

riordan-council-cd15.jpgInterviewed by Warren Olney on KCRW's Which Way, LA?, former mayor Richard Riordan rejected criticism by Mayor Villaraigosa and others that his pension reform plan would cost the city money. He said it would not be possible to gather enough signatures by the late December deadline to qualify for the May 2013 ballot. So on Monday he pulled the plug for now.

Riordan also said that Council President Herb Wesson did not "show any class" in their City Hall confrontation last week. Plus: Riordan says he will endorse in the mayoral race, but isn't ready to say who yet. He noted that both Wendy Greuel and Eric Garceti are close to the city employee unions, and he's looking for someone who will stand up to the unions on pensions.

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More by Kevin Roderick:
Greuel unveils her Latino backers for mayor
Riordan explains why he dropped pension measure
Measure J edges closer to (but not over) 2/3
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Recent City Hall stories on LA Observed:
Greuel unveils her Latino backers for mayor
Riordan explains why he dropped pension measure
Riordan suspends signature gathering on pension measure
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