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U.S. Financial Crisis
California's Bankrupt Cities - 14 May 2014 - Sort by:
California's Bankrupt Cities - 14 May 2014
Images of bankrupt cities in California.The judge presiding over Stockton's bankruptcy case on Tuesday said he will question officials from Calpers to determine whether the nation's largest pension fund can be forced to take losses in the case along with other creditors.

In the second day of trial to determine if Stockton can exit bankruptcy, proceedings mainly centered around the city's holdout creditor, two funds managed by Franklin Templeton Investments, which is poised to receive less than a penny on the dollar under the city's plan.
MUNICIPALS-STOCKTON/
RTR3P0CV
13 May. 2014
The headline of the Stockton Record newspaper reads... more
MUNICIPALS-STOCKTON/
RTR3P0CV
13 May. 2014
Stockton, UNITED STATES
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)
MUNICIPALS-STOCKTON/
RTR3P0CY
13 May. 2014
A building in downtown Stockton, California, is vacant... more
MUNICIPALS-STOCKTON/
RTR3P0CT
13 May. 2014
A view of Stockton, California's City Hall, May 13,... more
MUNICIPALS-STOCKTON/
RTR3P09K
13 May. 2014
A view of downtown Stockton, California, May 13, 2014.... more
MUNICIPALS-STOCKTON/
RTR3P0CZ
13 May. 2014
A view of Stockton, California's downtown arena, May... more
ECONOMY-STOCKTON/
RTR3497X
27 Jun. 2012
Shuttered and padlocked businesses line Main Street... more
ECONOMY-STOCKTON/
RTR3496F
27 Jun. 2012
A local newspaper headline announces bankruptcy in... more
BERNARDINO/BANKRUPT
RTR3ACHP
13 Nov. 2012
A man walks past empty stores in the deserted Carousel... more
BERNARDINO/BANKRUPT
RTR3ACHM
13 Nov. 2012


The central courtyard sits deserted in the Carousel... more
BERNARDINO/BANKRUPT
RTR3ACHO
13 Nov. 2012


A janitor cleans the floor in the deserted Carousel... more
BERNARDINO/BANKRUPT
RTR3ACHG
13 Nov. 2012
A sign advertising bankruptcy filing is seen hanging... more
BERNARDINO/BANKRUPT
RTR3ACHV
13 Nov. 2012
A boy leans on the gate in the home next door to where... more
USA-ECONOMY/STOCKTON
RTR2ZLDR
6 Mar. 2012
Oscar Avalos, 7, lies in the empty living room of his... more
USA-ECONOMY/STOCKTON
RTR2ZLDP
6 Mar. 2012
A warning is posted in the window of a vacant home... more
BERNARDINO/BANKRUPT
RTR3ACHZ
13 Nov. 2012
Craig Cochran, 44, (L) holds a sign advertising cigarettes,... more
USA/
RTX5NRQ
12 May. 2008
A foreclosed home is shown in Stockton, California... more
BERNARDINO/BANKRUPT
RTR3ACHS
13 Nov. 2012
Cracks in the parking lot are seen in front of the... more
USA-ECONOMY/STOCKTON
RTR2ZLDG
6 Mar. 2012
Steve Reed stands in his living room as movers pack... more
USA POLITICS/FORECLOSURES
RTR1WO9J
4 Feb. 2008
Potential buyers enter a home during a bus tour provided... more
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