San Bernardino Files Emergency Bankruptcy Petition | NBC Southern California

Meredith Whitney may have the, uh, last laugh about her predictions of the effects of the scams that are public pension and health benefits especially in places like California. Among those are hundreds of municipal and count defaults.

http://www.nbclosangeles.com/news/local/san-bernardino-bankruptcy-municipal-chapter-9-164678716.html

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