Largest U.S. City Bankruptcy Heading Toward Court
Stockton, Calif., took a major step toward becoming the largest U.S. city ever to file for bankruptcy with a city council vote to begin a state-mandat...
Stockton, Calif., took a major step toward becoming the largest U.S. city ever to file for bankruptcy with a city council vote to begin a state-mandat...
Aaron Sankin | Posted 02.23.2012
The Central Valley city of Stockton of may become the next California municipality to follow in the steps of Vallejo and Orange County and file for ba...
AP | DON THOMPSON | Posted 05.25.2011
SACRAMENTO, Calif. — Inmates convicted of violent crimes are among those being freed early from California jails to save money, despite lawmaker...
Los Angeles Times | Posted 05.25.2011
Republican U.S. Senate candidate Carly Fiorina suggested that the state of California should consider declaring bankruptcy, apparently unaware that st...
Bloomberg | Posted 05.25.2011
Dec. 5 (Bloomberg) -- California, the world's eighth-largest economy, may pay vendors with IOUs for only the second time since the Great Depression, S...
Reuters | Dan Whitcomb | Posted 05.25.2011
The Los Angeles Lakers need only one more win to capture a 15th National Basketball Association Championship, but some city officials are already sayi...
HuffingtonPost.com | John Rudolf | Posted 02.29.2012