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Lenny Dykstra, the former New York Mets outfielder accused of looting his $18 million mansion of valuables after he filed for bankruptcy, made a plea agreement with prosecutors. A sealed plea agreement was filed today in federal court in Los ...

Mayor Ann Johnston told KCRA-TV (http://bit.ly/LpyGkr) that a formal bankruptcy filing now appears "very likely." In the past three years, officials in the city that was slammed by the collapse of the housing market dealt with $90 million in deficits ...

STOCKTON, Calif. (KABC) -- Stockton Mayor Ann Johnston said Tuesday the city is likely to file formal bankruptcy. Stockton suffered during the housing market collapse in recent years. The city also saw deficits of $90 million, forcing drastic cuts in the ...

STOCKTON, Calif., June 26 (Reuters) - Stockton, a northern California city of nearly 300,000, is poised on Tuesday to become the largest U.S. city to declare bankruptcy by approving a budget that requests protection from creditors. After three months of ...

Mayor Ann Johnston told KCRA-TV that a formal bankruptcy filing now appears "very likely." In the past three years, officials in the city that was slammed by the collapse of the housing market dealt with $90 million in deficits through a series ...