Results 1 to 2 of 2

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

  1. #1
    Senior Member JohnDoe2's Avatar
    Join Date
    Aug 2008
    Location
    PARADISE (San Diego)
    Posts
    99,040

    Ala.'s Jefferson County Emerges From Bankruptcy

    Ala.'s Jefferson County Emerges From Bankruptcy

    BIRMINGHAM, Ala. December 4, 2013 (AP)


    Jefferson County, Ala., has closed the sale of nearly $1.8 billion in new debt and emerged from the nation's second-largest municipal bankruptcy.


    Jefferson County Commission President David Carrington said the paperwork on the new debt was signed Tuesday. Commissioner Jimmy Stephens said a great weight has been lifted.


    Jefferson County filed for bankruptcy in 2011, citing more than $4.2 billion in debt. It had been the nation's largest municipal bankruptcy until Detroit filed this year, citing $18 billion in debt. A federal judge approved Jefferson County's plan to exit bankruptcy last month, but it was conditioned on closing on the new debt Tuesday.


    A group of residents is appealing the judge's approval of the county's plan.


    The plan means higher rates for customers of the county sewer system.


    http://abcnews.go.com/US/wireStory/a...uptcy-21088073
    NO AMNESTY

    Don't reward the criminal actions of millions of illegal aliens by giving them citizenship.


    Sign in and post comments here.

    Please support our fight against illegal immigration by joining ALIPAC's email alerts here https://eepurl.com/cktGTn

  2. #2
    Senior Member JohnDoe2's Avatar
    Join Date
    Aug 2008
    Location
    PARADISE (San Diego)
    Posts
    99,040
    NO AMNESTY

    Don't reward the criminal actions of millions of illegal aliens by giving them citizenship.


    Sign in and post comments here.

    Please support our fight against illegal immigration by joining ALIPAC's email alerts here https://eepurl.com/cktGTn

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •