banking: March 2009 Archives

Alabama County May File For Bankruptcy

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When local governments act like corporations, what happens? Jefferson County, Alabama, for one, home to Birmingham, is billions of dollars in debt.

Two commissioners in Jefferson County are pressing the county to file for bankruptcy court protection, as the county grapples with about $4 billion in debt related to a controversial series of bond transactions earlier in the decade.
Controversial, you say? I'm sure.

Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.

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This page is a archive of entries in the banking category from March 2009.

banking: September 2008 is the previous archive.

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