Fresh Out of Bankruptcy, City Announces Multimillion-Dollar Housing Project
Stockton has apparently learned nothing from its embarrassing financial boondoggle.
Stockton has apparently learned nothing from its embarrassing financial boondoggle.
The northern California city of nearly 300,000 has become a key test case on whether cities can reduce their unaffordable public pensions when they head into bankruptcy court
California is far from being saved.
Odds are that similarly situated cities will go to the Obama administration and ask for free cash.
What to look for as your burg goes belly up!