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California City Bankruptcy

Will San Jose Go Bankrupt Next?

AP | HANNAH DREIER and GOSIA WOZNIACKA | Posted 10.17.2012 | San Francisco

SACRAMENTO, Calif. -- One of the nation's top credit rating agencies said Friday that it expects more municipal bankruptcies and defaults in Californi...

More Troubled Cities Using This Financial Twist To Avoid Ruin

AP | AMY TAXIN and HANNAH DREIER | Posted 07.30.2012 | Los Angeles

STANTON, Calif. -- There's a new twist emerging as some of California's most financially troubled cities look for ways out of their predicaments: They...