Godlike Productions - Discussion Forum
Users Online Now: 2,346 (Who's On?)Visitors Today: 595,290
Pageviews Today: 1,002,305Threads Today: 336Posts Today: 6,206
11:36 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

BREAKING !! Stockton, California, to File for Bankruptcy, City Says !!

 
Anonymous Coward
User ID: 18562146
Mexico
06/27/2012 01:57 PM
Report Abusive Post
Report Copyright Violation
BREAKING !! Stockton, California, to File for Bankruptcy, City Says !!
[link to finance.yahoo.com]



Stockton, California, said it will file for bankruptcy after talks with bondholders and labor unions failed, making the agricultural center the biggest U.S. city to seek court protection from creditors.
"The city is fiscally insolvent and must seek chapter 9 bankruptcy protection," Stockton said in a statement released yesterday after council voted 6-1 to adopt a budget allowing it to operate under bankruptcy protection. "In addition to the bankruptcy petition, the city will file a motion with the courts to share information from the confidential mediation."
Anonymous Coward
User ID: 37262501
Mexico
04/01/2013 05:12 PM
Report Abusive Post
Report Copyright Violation
Re: BREAKING !! Stockton, California, to File for Bankruptcy, City Says !!
bump
Anonymous Coward
User ID: 1119045
Germany
04/01/2013 05:24 PM
Report Abusive Post
Report Copyright Violation
Re: BREAKING !! Stockton, California, to File for Bankruptcy, City Says !!
They announced this a YEAR ago, they just got Court approval to do it.




.





GLP