Editor’s Note: This is the 11th in a CalWatchDog.com Special Series of in-depth articles on municipal bankruptcy. Nov. 14, 2012 By Chriss Street Up through September 2011, Wall Street underwriters, bond counsels and other assorted securities industry camp followers were gloating over th...
Posts Tagged ‘Harrisburg’Bankruptcy series: The Road AheadWednesday, November 14th, 2012Warning 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 ... Bankrupt: Now Harrisburg, Next CA?Thursday, October 13th, 2011 John Seiler: And another government bites the dust. Today the city of Harrisburg, the capital of the Commonwealth of Pennsylvania, declared bankruptcy. Bloomberg reported: The state capital of 49,500 faces a debt burden five times its general-fund budget because of an overhaul and expansion o... |