Stockton to Take Steps Toward Bankruptcy, City Manager Says - Busine...

Stockton to Take Steps Toward Bankruptcy, City Manager Says
BusinessWeek
“Somebody has to suffer and in this case the city manager has decided it should be the bondholders who suffer,” Marc Levinson of the Sacramento-based law firm Orrick, Herrington & Sutcliffe LLP, which represents the city, said at a news briefing at ...
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