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Biggest Municipal Bankruptcy

Weak Local Governments May Want To Think Twice Before Filing For Bankruptcy

Reuters | Posted 08.28.2012 | Business

(Repeats analysis story initially published late on Wednesday) * Stockton, California, bankruptcy filing expected by Friday ...

Alabama County Declares Largest Municipal Bankruptcy In U.S. History

AP | PHILLIP RAWLS and JIM VAN ANGLEN | Posted 01.09.2012 | Business

BIRMINGHAM, Ala. — The biggest civic bankruptcy in American history could leave residents of Alabama's most populous county paying astronomical ...