Editor’s Note: This is the Ninth in a CalWatchDog.com Special Series of in-depth articles on municipal bankruptcy. Nov. 12, 2012 By Tori Richards It was 1975 and New York City was running out of cash. Its excessive spending and lack of financial oversight created a $14 billion debt, wit...
Posts Tagged ‘Bankruptcy Series’Bankruptcy Series: What are the alternatives to bankruptcy?Monday, November 12th, 2012Bankruptcy Series: Cities on a future spending spreeFriday, November 9th, 2012Editor’s Note: This is the eighth in a CalWatchDog.com Special Series of in-depth articles on municipal bankruptcy. Nov. 9, 2012 By Wayne Lusvardi Are the staggering forecasted public pension obligations facing state and local governments in California the result of overspending or unde... Warning for CA: Harrisburg confronts bankruptcyTuesday, April 17th, 2012Editor’s Note: This is the seventh in a CalWatchDog.com Special Series of 12 in-depth articles on municipal bankruptcy. In a warning for California, it examines the bankruptcy of Harrisburg, Pa. April 17, 2012 By Tara Leo Auchey What happened in Harrisburg, Pa.? One day there was nothing ... Check out our Special Series on BankruptcyThursday, April 12th, 2012Please check out CalWatchDog.com’s Special Series on Municipal Bankruptcy. More to come. So far: Broke municipalities look to bankruptcy option Bankruptcy didn’t make the sky fall in Orange County Local governments face bankruptcy quandary Bond holders seek governmental Ttansparency ... Special Series: The pros and cons of municipal bankruptcyThursday, April 12th, 2012Editor’s Note: This is the sixth in a CalWatchDog.com Special Series of 12 in-depth articles on municipal bankruptcy. April 12, 2012 By Tori Richards What’s better for a cash-strapped municipality: filing for bankruptcy or struggling to survive without any clear solution to a massive de... Special Series: California counties are more at risk of going belly upWednesday, April 11th, 2012Editor’s Note: This is the fifth in a CalWatchDog.com Special Series of 12 in-depth articles on municipal bankruptcy. April 11, 2012 By Wayne Lusvardi There are many California cities likely to be facing future stress to their operating fund budgets because of rising public pension obliga... Special Series: Bond Holders Seek Governmental TransparencyTuesday, March 20th, 2012Editor’s Note: This is the fourth in a CalWatchDog.com Special Series of 12 in-depth articles on municipal bankruptcy. MARCH 20, 2012 By DAVE ROBERTS Once upon a time buying a municipal bond was considered a safe bet. A decent rate of return with little risk -- just the thing for junior... Special Series: Local Governments Face Bankruptcy QuandaryFriday, March 16th, 2012Editor’s Note: This is the third in a CalWatchDog.com Special Series of 12 in-depth articles on municipal bankruptcy. MARCH 16, 2012 By JOHN SEILER Bankruptcy is the boogeyman haunting governments across America. It’s not a question of if more cities will file for bankruptcy, but how ma... Special Series: Broke Municipalities Look to Bankruptcy OptionFriday, March 9th, 2012Editor’s Note: This is the second in a CalWatchDog.com Special Series of 12 in-depth articles on municipal bankruptcy. MARCH 9, 2012 By STEVEN GREENHUT Economist Allan Meltzer once quipped that “Capitalism without failure is like religion without sin. It doesn’t work.” Americans hav... Special Series: Bankruptcy Didn’t Make the Sky Fall In Orange CountyTuesday, March 6th, 2012 Editor's Note: This is the first in a CalWatchDog.com Special Series of 12 in-depth articles on municipal bankruptcy. MARCH 6, 2012 BY CHRIS REED Overwhelmed by enormous unfunded liabilities for retired employees’ pensions and health care, local governments throughout California are incr... |