Saturday, March 10, 2012

In Stockton, Calif., slow fall off financial cliff

A man rides a bicycle in the downtown area of Stockton, Calif., Wednesday, Feb. 29, 2012. A red, white and blue sign declaring Stockton an �All-America City� still adorns City Hall, but the building�s crumbling facade tells the real story of the community�s recent fortunes. Since the sign went up nearly a decade ago, Stockton has twice topped Forbes magazine�s list of �America�s most miserable cities.� And now another unflattering title could be headed its way: largest American city to declare bankruptcy. (AP Photo/Ben Margot)A red, white and blue sign declaring Stockton an "All-America City" still adorns City Hall, but the building's crumbling facade tells the real story of the community's recent fortunes.


Source: http://news.yahoo.com/stockton-calif-slow-fall-off-financial-cliff-160147234.html

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