Towns Ponder Bankruptcy During Recession
wsj.com:
As the recession batters city budgets around the U.S., some municipalities are considering the once-unthinkable option of dissolving themselves through "disincorporation."
wsj.com:
As the recession batters city budgets around the U.S., some municipalities are considering the once-unthinkable option of dissolving themselves through "disincorporation."
What Happens When City Hall Goes Bankrupt? : NPR
MAINE TOWN FOR SALE.; Somerville Is Hopelessly Bankrupt -- It ...
First Posted: 6/27/09 Updated: 5/25/11