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IPFS News Link • Economy - Economics USA

California city considering bankruptcy

2-20-2008 • NBC11

The city of Vallejo is on the brink of becoming the first California city ever to declare bankruptcy, City Council members said Tuesday. Vallejo may run out of cash as early as March, council member Stephanie Gomes said. [the first domino]

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Reported By Powell Gammill

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California city considering bankruptcy

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