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Town Bankruptcy

California Ski Town In Trouble

AP | Posted 09.01.2012 | Business
Read More: Video, Central Valley, Town Bankruptcy, Chapter 9, Ski Town Bankruptcy, Sierra Nevada, Municipal Bankruptcy, Mammoth Lakes Land Acquisition, Ski Town, Mammoth Lakes Bankruptcy, Ap, California Tourism, Stockton, Business News

LOS ANGELES (AP) — Councilmembers in a small ski town high in California's Sierra Nevada voted unanimously Monday to file for bankruptcy, the second...

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Why Stockton, California, Is Bankrupt, And Your Town Isn't

Bloomberg View | Josh Barro | Posted 06.28.2012 | Business
Read More: Public Employees, Video, Proposition 13, Town Bankruptcy, Home Prices, Property Tax Revenue, Bonds, Municipal Bankruptcy, Pensions, Taxpayers, Stockton, Business News

Bloomberg View: The Stockton City Council yesterday approved a petition for bankruptcy, the largest of a city in U.S. history. Municipalities all o...

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Towns Ponder Bankruptcy During Recession

wsj.com | BOBBY WHITE | Posted 05.25.2011 | Business
Read More: Mountain View Colorado, Bankruptcy, Vallejo-Ca, Town Bankruptcy, Mesa Washington, Rio Vista California, Financial Crisis, Spokane Valley Washington, Recession, Vallejo California, Business News

As the recession batters city budgets around the U.S., some municipalities are considering the once-unthinkable option of dissolving themselves throug...

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