Blame game on how San Bernardino came to file for bankruptcy
A view of City Hall in downtown San Bernardino. San Bernardino officials first discussed bankruptcy as an imminent threat at a City council meeting in August 2010. How things went from bad to worse, culminating in the city's filing for bankruptcy …
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Judge: Detroit bankruptcy to proceed; city's health at risk
“The court is making no ruling whatsoever on whether the city is eligible to be a debtor under Chapter 9” or on whether Snyder was right to file for bankruptcy, given Michigan's constitutional protections for pension benefits, Rhodes said. Unions and …
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Detroit becomes Largest U.S. City to Declare Bankruptcy
Once the nation's fourth largest city, Detroit has reached a new low after decades in economic decline, becoming the largest U.S. city ever to file for bankruptcy. The decision by Republican Governor Rick Snyder also gave Detroit the distinction of …
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City of Augusta won't declare bankruptcy anytime soon
AUGUSTA, Ga. (WRDW) — Augusta is in good financial shape, according to private auditors who just finished investigating city spending. The good news comes on the heels of bad news for cities like Chicago and Detroit. "We see what happened in Detroit …
Read more on WRDW-TV

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