Relevant:
- Stockton, California Went Broke As Quarter Of Workers Earned More Than $100,000: Report
- Stockton Going Broke Shows Cop Pay Rising as California Property Collapsed
- Mediation Fails, Pushing Stockton Toward Bankruptcy
- Wells Fargo Seizes Stockton California City Hall, Parking Garages; City Prepares Bankruptcy Contingency Plans; Bondholder Mediation Underway
- Vallejo, California City Officials Vote to File for Bankruptcy
2012-07-04 — reuters.com
The man in charge of the biggest U.S. city ever to file for bankruptcy is clear about the root of the crisis.
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