Political Factoid
The largest municipal bankruptcy
in U.S. history is pending* in
Alabama's Jefferson County
as a result of its -$3.2- $4.23 billion
sewer bond crisis.
"Oh, crap, we are out of money."
* |
Pending since 2008
Bankruptcy was finally filed
in November of 2011.
|
cf.
2693,
3654
|
|
-30-
|