San Bernardino, Third Calif City to File for BankruptcyVW Staff
California cities are going down one after another, San Bernardino City council gathered a consensus vote to file for bankruptcy on Tuesday, LA Times reports. This marks the second city to file for bankruptcy in less than two weeks, after Stockton (voted on June 26th 2012) and Mammoth Lake (voted on July 2nd 2012). Among the Calif cities, San Bernardino is the second largest with an estimated population of 210,000 (US Consensus 2010), while the biggest one . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible