By Mike Reicher, includes “Nobody in Nashville's government knows exactly how much investment managers make in profits from public employee pensions. … Nashville can comfortably offset any investment shortfalls in its $3 billion pension fund without cutting social services or police, as some less prosperous cities have done. During the boom, many millions also flowed unnoticed to Wall Street investment managers.” (Note: Truth in Accounting will release its annual Financial State of the Cities report next month. Nashville is among the 75 cities we examined).