Recent News: Bankruptcy to hit more American cities?

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Bankruptcy to hit more American cities?

Bankruptcy to hit more American cities?

In the last few weeks, three cities in California filed for bankruptcy - San Bernardino, Stockton and Mammoth Lake. Oakland, CA is now on the verge of following suit, but they are holding off and trying to fight to stay afloat. Michaela Krauser of the Next American City tells RT's Liz Wahl what happens when cities go bankrupt. Like us and/or follow us: twitter.com www.facebook.com
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