Stockton, Calif., takes 'first step towards bankruptcy' - ...

02/29/12


USA TODAY

Stockton, Calif., takes 'first step towards bankruptcy'
msnbc.com
Stockton's attorney, Marc Levinson, said mediation could keep the city from following in Vallejo's footsteps and suffering the stigma of bankruptcy. "This is really the city's last and best chance to avoid a bankruptcy case," Levinson said.
Stockton Inches Toward Possible BankruptcyWall Street Journal
KLOCKE: Placing blame for Stockton's financial woesModesto Bee
Stockton to Take Steps Toward Bankruptcy, City Manager SaysBusinessWeek
Sacramento Bee -Huffington Post
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