Detroit is bouncing back from bankruptcy, and Stockton is making good progress, but the City of San Bernardino's bankruptcy languishes. The bankruptcy judge has set a deadline for city leaders to present its plan to emerge from bankruptcy, but the city and its public safety unions are still at a stalemate over restructuring pay, benefits, and pensions. Can San Bernardino come up with a plan before it's May 30 deadline? And what happens if it doesn't? Matt Guilhem presents Part 1 of a multi-part series examining San Bernardino's bogged-down bankruptcy.
Why San Bernardino's Bankruptcy Drags On and On...
flickr.com
/