Added by DTOM on February 4, 2015 at 7:12pm — No Comments
STOCKTON, Calif. – Officials in Stockton said Tuesday that mediation with creditors has failed, meaning the city is set to become the largest American city ever to declare bankruptcy.
City Manager Bob Deis said officials were unable to reach a deal to restructure hundreds of millions of dollars of debt under a new state law…
ContinueAdded by truth on June 27, 2012 at 11:00am — No Comments
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