Bills, few options mean bankruptcy for Calif. city

July 13, 2012 • Business

Tthe nearly empty E Street Mall in San Bernardino, Calif., is shown on Wednesday, July 11, 2012. The San Bernardino city council voted Tuesday night in favor of the city filing for bankruptcy. City officials have said, San Bernardino “has an immediate cash flow issue” and may not be able to make payroll Login to read more

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