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Dateline, Jan. 5, 2012: California Declares Bankruptcy

01-16-2011 • LAtimes.com

Dateline Sacramento, Jan. 5, 2012: The state of California today filed for federal bankruptcy protection, citing a worsened economy that has blown out even the most pessimistic assumptions about its long-term financial picture.

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Dateline, Jan. 5, 2012: California Declares Bankruptcy

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