San Bernardino Third California City to Choose Bankruptcy…video

By Phil Willon, Los Angeles TimesJuly 10, 2012, 11:17 p.m.

San Bernardino on Tuesday became the third California city in less than a month to seek bankruptcy protection, with officials saying the financial situation had become so dire that it could not cover payroll through the summer.

The unexpected vote came at the suggestion of the interim city manager, who said the city faces a $46-million deficit and depleted coffers.

“We have an immediate cash flow issue,” Andrea Miller told the mayor and seven-member City Council.

San Bernardino Third California City to Choose Bankruptcy...

sitfu.com
Taking a Closer Look at the Stories Ignored by the Mainstream Media

You Might Also Like
Baltimore Teacher Gets Fired for Calling Her Students The N-Word!
Teacher calls students N word. A Baltimore Teacher goes off on her students and goes on a racist rant because...
Donald Trump’s Chief Strategist Steve Bannon – Most Prominent White Nationalist In The Country
sitfu.com Taking a Closer Look at the Stories Ignored by the Mainstream...
Barack Obama Signs Executive Order for Possible Martial Law
sitfu.com Taking a Closer Look at the Stories Ignored by the Mainstream...

There are no comments yet, add one below.

Leave a Reply


Name

Email

Website