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Biggest City Bankruptcy Looms Over Stockton, Calif. |
June 26, 2012
Stockton, Calif., could file for bankruptcy as early as Wednesday, according to its city manager.
If that happens, the town of about 300,000 people on the San Joaquin River will become the biggest U.S. city to go broke.
http://feeds.abcnews.com/click.phdo?i=d9fb8f814f9d4cf9747edc3ffe9f719e
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