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USA-ECONOMY/STOCKTON
RTR2ZLDG
6 Mar. 2012
Steve Reed stands in his living room as movers pack... more
USA-ECONOMY/STOCKTON
RTR2ZLDG
6 Mar. 2012
Stockton, UNITED STATES
Steve Reed stands in his living room as movers pack up his possessions in the Weston Ranch neighborhood of Stockton, California, March 6, 2012. Reed's family business went under in 2010, after 40 years in operation. Unemployed for two years, he's moving to Riverside for a new job. Pending any divine intervention, Stockton would skip its next bond payment and enter negotiations with its creditors. The process could end with Stockton, population 292,000, becoming the largest U.S. city ever to file for bankruptcy. REUTERS/Max Whittaker (UNITED STATES - Tags: REAL ESTATE BUSINESS POLITICS)
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