Stockton, Ca Will File For Bankruptcy

A city of 300,000 is flat broke.

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  • NCPERS Statement on Approval of Stockton Bankruptcy Plan
    Klein’s decision today to accept Stockton, CA’s Plan of Adjustment. His ruling means the city will be able to emerge from two years of financial uncertainty with its public pensions and public safety services intact. Stockton was forced to file for ...
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  • Stockton, CA becomes most populous U.S. city to file for bankruptcy, setting up pension fight
    So, here’s the deal. Stockton, CA ain’t got no money, and has filed for bankruptcy, like San Bernardino before it. Stockton has 300,000 residents and was recently named one of America’s most dangerous cities because it turns out that being mismanaged ...
    04/1/2013 - 4:41 pm | View Link
  • Stockton, CA Most Populous City To File Bankruptcy In U.S.
    CBS NEWS – Stockton, CA– A judge on Monday accepted the California city of Stockton’s bankruptcy application, making it the most populous city in the nation to enter bankruptcy. U.S. Bankruptcy Judge Christopher Klein said the bankruptcy declaration ...
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  • What's behind the Stockton, CA bankruptcy?
    Last July, Stockton, CA became the largest US city ever to file for bankruptcy. It was being choked to death by pension and health care costs after a series of bad investments in mortgage backed securities blew up during the housing meltdown. But some bond ...
    03/24/2013 - 1:00 pm | View Link
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  • Stockton, California (CA) profile: population, maps, real ...
    Work and jobs in Stockton: detailed stats about occupations, industries, unemployment, workers, commute. Average climate in Stockton, California
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