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Tag: sovereign debt crisis

Stockton Wobbles Toward Bankruptcy

June 22, 2012 | 4:42 pm

Stockton Wobbles Toward Bankruptcy

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Around the world, the dominoes of debt are teetering, and one of the biggest to hit the ground may be the City of Stockton. The city is hoping against hope that mediation with its bondholders, now underway, will result in a new deal by Monday. There’s scant room for maneuver after that date because the […]

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