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Ca City Bankrupt

My City Went Bankrupt -- Should I Flee?

Jed Kolko | Posted 09.17.2012 | Business
Jed Kolko

In recent weeks, three California cities have filed for bankruptcy: Stockton, Mammoth Lakes, and San Bernardino. If you live there, should you get out of town? And if you don't live there, should you worry that your city is next?

Another One Bites The Dust

AP | AMY TAXIN and DAVID R. MARTIN | Posted 09.09.2012 | Los Angeles

SAN BERNARDINO, Calif. — In this sweltering Southern California city, officials tried to keep the budget in check by selling assets, cutting spe...