Posts Tagged ‘Central Falls’

Bankruptcy Series: What are the alternatives to bankruptcy?
Monday, November 12th, 2012

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, with more...

Special Series: The pros and cons of municipal bankruptcy
Thursday, April 12th, 2012

Editor’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 deficit?...

Special Series: Local Governments Face Bankruptcy Quandary
Friday, March 16th, 2012

Editor’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 many. T...

Special Series: Broke Municipalities Look to Bankruptcy Option
Friday, March 9th, 2012

Editor’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 have been...