Stockton to file for bankruptcy, will be largest U.S. city to fail.
default ads for article
STOCKTON — This Gold Rush-era port city, an epicenter of California's agricultural exports, will become the nation's largest city to seek protection under the U.S. bankruptcy code after its City Council on Tuesday stopped bond payments, slashed employee health and retirement benefits and adopted a day-to-day survival budget. Read More
About The Author
John Lyndon
Latest posts by John Lyndon (see all)
- UN leaders call for urgent political solution to Syrian crisis - 04/16/2013
- Former Pa. Senator Rick Santorum hospitalized due to illness - 04/15/2013
- Mayor Bloomberg announces agreement in city’s first-ever lawsuit against self-storage facilities used to illegally store and sell counterfeit goods - 04/12/2013




Print







![Mayor Rahm Emanuel Joins the Chatham Business Association in Supporting Chicago Small Business[1].JPG](http://www.mayorsandcities.com/wp-content/uploads/2012/11/Mayor Rahm Emanuel Joins the Chatham Business Association in Supporting Chicago Small Business[1]-320x213.jpg)
![11.20.12 Mayor Rahm Emanuel receives an apple and pumpkin pie from Isabel Martinez and Stephanie Mazzone[1].JPG](http://www.mayorsandcities.com/wp-content/uploads/2012/11/11.20.12 Mayor Rahm Emanuel receives an apple and pumpkin pie from Isabel Martinez and Stephanie Mazzone[1]-320x213.jpg)












