Chapter 9

Chapter 9 Cities on the Rise

The economic recession is pushing many municipalities towards declaring bankruptcy.
22 February 2010 - 7:00am
The Wall Street Journal

Bankrupt City Could Serve As Model

The northern California city of Vallejo has declared bankruptcy, becoming one of few cities and the largest in the state to do so. Other struggling cities are watching closely to see if the strategy helps to save the city.
13 May 2008 - 9:00am
The San Francisco Chronicle
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