Eddie Jordan may take that deal many folks on talk radio and in the local blogosphere have been offering him. He may step down if the city pays the $3.7 million. I never thought this would actually happen so I haven't given much thought to the consequences. But now I'm wondering... do we really want this to happen? How will this bailout be funded? Does Ed Blakely have to hock a few imaginary cranes?
Update: Jordan will resign tomorrow. No word on how the judgment gets paid.
Could the city shirk on paying this indefinitely... like they have done with the firefighters?
Further update: WWL radio idiot caller just now, "Edwin Edwards is behind this"
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