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US county files largest-ever municipal bankruptcy
A county in the southern state of Alabama filed the largest ever municipal bankruptcy Tuesday, weighed down by a reported more than $4 billion in debt. The county commission of Jefferson County, which includes Birmingham, the state's largest city,
Updated: 11/09/2011 08:12P
JeffCo chooses bankruptcy
Jefferson County now holds the record for largest municipal bankruptcy in US history. In 4-1 vote Wednesday, the County Commission approved a resolution to file for Chapter 9 bankruptcy protection, seeking the court's assistance reorganizing and
Updated: 11/09/2011 08:10P
GOP candidates take stage for OU presidential debate
Though he typically favors bankruptcy, this wasn't an issue of two companies declining, but a takedown of the entire supply chain, which "would have been devastating for our nation." "I don't want to second-guess that," Snyder said of the federal aid
Updated: 11/09/2011 08:10P
Sewer debt drives Alabama county into bankruptcy
Leaders of Alabama's most populous county have filed an estimated $4.1-billion bankruptcy, the largest for a municipality in US history. Soon after Jefferson County Commissioners voted on Wednesday to declare bankruptcy over sewer and other debt,
Updated: 11/09/2011 08:08P
Jefferson County files for bankruptcy
Jefferson County, Alabama, has filed for bankruptcy in the largest such municipal filing in US history. The move late on Wednesday came after a deal with creditors owed more than $3bn ran into trouble in recent weeks,
Updated: 11/09/2011 08:06P
Jefferson County Bankruptcy May Rekindle Whitney Fears, Schroeder Says
The bankruptcy of Jefferson County, Alabama, may keep municipal yields that are already high relative to US Treasuries elevated as some investors flee tax- exempt debt, according to Michael Schroeder,
Updated: 11/09/2011 08:05P
Jefferson County, Ala, Files For Bankruptcy
Audio for this story from All Things Considered will be available at approx. 7:00 pm ET.
Updated: 11/09/2011 08:03P
Alabama County to File Biggest US Muni Bankruptcy
Despite a tentative deal reached with creditors in September to settle $3.14 billion of debt, county commissioners this week resurrected the threat of a Chapter 9 bankruptcy filing largely because the estimated savings from that agreement had shrunk
Updated: 11/09/2011 08:00P
Alabama county files for largest municipal bankruptcy
Leaders of Alabama's most populous county have filed an estimated $4.1 billion bankruptcy, the largest for a municipality in US history. Soon after Jefferson County Commissioners on Wednesday voted to declare bankruptcy over sewer and other debt,
Updated: 11/09/2011 07:56P
Ala. County Files For Largest Municipal Bankruptcy
by AP Leaders of Alabama's most populous county filed an estimated $4.1 billion bankruptcy, the largest for a municipality in US history. Lawyers filed the paperwork soon after Jefferson County Commissioners voted 4-1 Wednesday to declare bankruptcy.
Updated: 11/09/2011 07:55P
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