Mittwoch, 27. Juni 2012

Calif. City Appears Headed for Bankruptcy

June 26, 2012 at 09:21PM

FRESNO, Calif. (AP) — Stockton could become the largest U.S. city to declare bankruptcy after a deadline to make a deal with its creditors passed and the city's mayor said Tuesday she did not believe a settlement had been reached.

Calif. City Appears Headed for Bankruptcy from U.S. News

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