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Banks are seeking the dismissal of the bankruptcy filing of Jefferson County, Alabama, arguing...

  • Thursday, December 15, 2011, 10:26 AM ET
    Banks are seeking the dismissal of the bankruptcy filing of Jefferson County, Alabama, arguing that it is in violation of state law. A judge is due to start hearing the case today. Jefferson filed the largest municipal bankruptcy in U.S. history last month with over $4B of debt.
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This news story has 2 comments:

  • "Bad, evil" banks vs. "good, caring" Government.

    Is there anybody who doubts who wins?
    15 Dec 2011, 10:32 AM Reply Like
  • The snakes want their money. People should know that people on the Jefferson County side went to jail over this deal..JP Morgan Chase was fined $80 million over it, but not a single person employee of the bank faced criminal charges...

    The political-banker class have corrupted this country...It's sickening.
    15 Dec 2011, 10:35 AM Reply Like
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