Vallejo heads for another bankruptcy; Oakland, Los Angeles and San Diego doomed as well
Sunday, March 16th, 2014By Mike “Mish” Shedlock | On May 6, 2008, the Vallejo City Council voted 7-0 to file for Chapter 9 bankruptcy. At the time it was the largest city in California to do so. In March of 2009 I noted Judge Rules Vallejo Can Void Union Contracts. Vallejo foolishly refused to do so, and I […]