iOS app Android app

California Bankruptcy

California Prison Actually Offers Inmates 'Quieter' Stay For Cash

The Huffington Post | Posted 07.29.2013 | Business

Some prisoners at one California jail will now have the option to pay their way into a more comfortable stay, community news source the Argus reports....

Straight Outta Compton

The Huffington Post | Anna Almendrala | Posted 07.18.2012 | Los Angeles

Compton, Calif. could be the fourth city in the Golden State to seek bankruptcy protection. At a city council meeting Tuesday, officials announced...

It's Official: Stockton Files For Bankruptcy

Reuters | Posted 08.28.2012 | Business

By Jim Christie SAN FRANCISCO, June 28 (Reuters) - Stockton, California, became the largest city to file for bankruptcy in U.S. histor...

John Rudolf

Largest U.S. City Bankruptcy Heading Toward Court

HuffingtonPost.com | John Rudolf | Posted 02.29.2012 | Business

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...

Local City Facing Bankruptcy: Would Be Biggest City To Declare In American History

Aaron Sankin | Posted 02.23.2012 | San Francisco

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...

Carly Fiorina: California Bankruptcy 'Should Always Be Considered'

Los Angeles Times | Posted 05.25.2011 | Los Angeles

Republican U.S. Senate candidate Carly Fiorina suggested that the state of California should consider declaring bankruptcy, apparently unaware that st...

CALIFORNIA TO PAY WITH IOU'S - Is This Gradeschool?

Bloomberg | Posted 05.25.2011 | Home

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...

Lakers Victory Parade: LA Officials Say They Don't Have The Money For It

Reuters | Dan Whitcomb | Posted 05.25.2011 | Politics

The Los Angeles Lakers need only one more win to capture a 15th National Basketball Association Championship, but some city officials are already sayi...