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Author Topic: Stockton, CA, poised to be largest US city to go bankrupt [Locked]
imaloon1  3 stars
Posts: 674
Registered: 2003-9-15 07:19:53
 Date Posted: 1/1/00 12:00am Subject: Stockton, CA, poised to be largest US city to go bankrupt
Not for nothing but if their biggest creditor is the Federal Govt or one of the big five banks what do they do?


And why can't the state of Cali step in and prevent that from happening?

 

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Yukishiro1  4 stars
Posts: 3,243
Registered: 2002-9-20 23:52:57
 Date Posted: 1/1/00 12:00am Subject: Stockton, CA, poised to be largest US city to go bankrupt
What's stockton going bankrupt have to do with the finances of the state of california?
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