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Stockton City Can Emerge From Bankruptcy As Detroit Waits Its Turn

2 years of financial limbo in the Northern California city of Stockton has finally ended. The city’s plan was approved by the judge to reorganize more than $900 million of… read more →

City Of San Bernardino To Pay Pensions Despite Bankruptcy

RIVERSIDE, Calif. – The city of San Bernardino has agreed to pay the California Public Employees’ Retirement System all that it owes in bankruptcy proceedings. It is the 2nd city… read more →