Fourth California city faces bankruptcy as municipal 'disease&#...

10/04/12

Fourth California city faces bankruptcy as municipal 'disease' spreads
NBCNews.com (blog)
San Bernardino, California's city council in July authorized a bankruptcy filing after declaring a fiscal emergency. The city of 210,000 residents 65 miles east of Los Angeles, filed for bankruptcy on August 1. By contrast, Stockton, a city of 300,000 ...

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