What We Can Learn From the New Wave of Municipal Bankruptcies

Harrisburg, Pennsylvania; Stockton, California; Jefferson County, Alabama: They’re the first wave in a new era of municipal bankruptcy.
Harrisburg, Pennsylvania's capital, filed for bankruptcy in 2011. Photo: Reuters
When public insolvency becomes a trend, clearly something has gone fundamentally wrong.
Patrick Kennedy at Network blog Walkable Dallas Fort Worth says the problem isn’t contained to the housing bust [...]

Charles Robert Hamilton V Kevin Michael Harvick Virgil Ernest Irvan III Kenny Dale Irwin Jr Dale Arnold Jarrett