Is Municipal Bankruptcy a Gateway to Financial Sustainability? - Hou...

09/13/12

Is Municipal Bankruptcy a Gateway to Financial Sustainability?
Houston Chronicle (blog)
[1] On the heels of a recent high profile bankruptcy filing by the City of Stockton, CA, Moody's communicated its view that bankruptcy may increasingly become a policy tool for cash-stripped municipalities in California burdened by unsustainable legacy ...

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