Stockton, Calif. Set to Be Largest U.S. City to Declare Bankruptcy

Syndicated from Common Dreams on Wed, 2012-06-27

<div class='node-body'><p>The city of Stockton, Calif. is set to become the biggest city in the country to <a href="http://www.sacbee.com/2012/06/27/4591892/stockton-council-votes-to-go-into.html">declare bankruptcy</a>.</p></div><div class="field field-type-filefield field-field-news-hp-image">
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<img src="http://www.commondreams.org/sites/commondreams.org/files/imagecache/news_archive_thumbnail/article_images/stockton_bankruptcy.jpg" alt="[field_image_caption-raw]" title="" class="imagecache imagecache-news_archive_thumbnail imagecache-default imagecache-news_archive_thumbnail_default" width="70" height="38" /> </div>
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