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California's Bankrupt Cities - 14 May 2014
The headline of the Stockton Record newspaper reads "City in 'Fight for its life", in a downtown newsstand, May 13, 2014. The bankrupt city will face off against a holdout creditor this week in a closely watched municipal bankruptcy case pitting the rights of impaired bondholders against retirees and other creditors. REUTERS/Max Whittaker (UNITED STATES - Tags: BUSINESS POLITICS SOCIETY)