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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-

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Last updated * 2014-02-13
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