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Tag: bankrupt

San Bernardino Joins List of Bankrupt Cities

July 11, 2012 | 10:44 am

San Bernardino Joins List of Bankrupt Cities

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SAN BERNARDINO, Calif. (AP) — As recently as last month, no city in California had opted for bankruptcy since 2008, and no U.S. city of more than 200,000 people had ever chosen bankruptcy. The past two weeks have changed all that, in a big way, as the fiscal struggles faced by so many American cities […]

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