Posts Tagged: $36 million

News

Stockton out of bankruptcy, but pension legacy uncertain

A seal of the city of Stockton, Calf. (Photo: Astudio, via Shutterstock)

On the day that Stockton emerged from bankruptcy last week, ending 32 months of debt protection, the final court argument was about the “cram down” imposed on the only creditor that did not cut a deal.

Support for Capitol Weekly is Provided by: