San Bernardino council approves bankruptcy plan, 6-1
But it isn't the final word on the cutbacks and other changes included in the Plan of Adjustment — creditors still will be able to object to its provisions, and the city will continue negotiating to try to avoid that expensive litigation, City …
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Emanuel delays 3 million in borrowing after credit downgrade
That's nearly twice as much as Detroit — before that city cut its debt and pension liabilities through bankruptcy last year, according to Moody's. Moody's also concluded that Chicago's pension funding hole is larger than any other big city in the U.S …
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